The housing market is constantly increasing, and if you’re an average earner, it is absolutely difficult to get a mortgage to buy a new home. So, if you’re looking for options other than traditional homes, there are a multitude in the market in today’s day and age.
Living in an affordable home means lesser taxes, and overall lesser expenses as well. You will save a lot on traditional renovation costs as well maintenance costs. It is also a sustainable way of life, especially if you’re a travel enthusiast.
Tiny houses
Tiny houses are not bigger than 400 square feet, and they’re simple rectangular or square shaped box houses. The construction is kept affordable and sustainable due to the sheer small size of it. And individuals living in it will also notice that it is absolutely easy to live in a tiny house when you’re starting off as it will not have enough space to keep unnecessary things. Tiny homes are often made from scratch and not bought as they are not common and only made for special requirements.
Transportable Homes
Some of the most common and affordable houses these days are homes that can be transported. They can be transported anywhere in the country and be rebuilt. They are safety insured and has water proofing and everything a normal house would have. However, it can be made according to the customers’ specifications and needs. You must look for demountable buildings if you’re planning on getting one for yourself, or someone you know.
Container Homes
Shipping container homes are quite popular among the hippie class and the kind of tourists who are willing to travel. Home owners can save a lot of money through these concepts, as it doesn’t take a huge capital in the space that’s already been given. It can also be combined with traditional home design as well. It might be fairly difficult to obtain a mortgage for a container home as well.
Cob construction homes
Cob construction homes are also one of the most fast moving and lucrative business for home owners. When you’re living in a cob home, it is important to always have toilet paper – especially in this current issue. Cob construction is perfectly healthy;however, the finishing is not as the same as traditional outfits.
They are sturdy and practical homes that can be set up anywhere. Potential owners might have an issue obtaining a mortgage, however if it is something you can invest in can most importantly generate an income to you over the time.
While owning a big house itself is a massive responsibility, even smaller houses can have its’ demerits. But if you’re one who’s starting off their life, cheaper options for lodging and housing is a good idea as you will save on money and petrol.
Depending on the budget of the client, most construction companies suggest various cost-effective options. Understanding the requirement, and ensuring that you live comfortably, yet practically, is important as soon as you move out.