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Today, I live in a 520-square-foot tiny home on wheels that I built for $175,000. I pay $725 a month in housing costs, which covers my parking space (in the backyard of someone's home), internet, water and electricity. Photo: Sean Farney for CNBC Make ItWhen I lived in the bigger house, I'd constantly buy things that I never ended up using. Now I have a 13-gallon kitchen trash can and a 13-gallon recycling bin. Your tiny space can be whatever you want it to be.
Persons: Sean Farney, it's, I'd, Jen Gressett Organizations: CNBC
Schneider and her roommates aren't alone in finding creative ways to finance their first home amid surging prices. To afford the monthly mortgage payment on a median-priced home, homebuyers need to earn more than $100,000, well above the U.S. median household income of $70,784, according to Census Bureau data. This brought monthly mortgage payments — which included property taxes and insurance — down from $1,329 to $1,217. Despite the income, there were downsides to renting out part of the property, Yuryev found. In 2021, Gressett, moved into a custom-made tiny house that runs her $725 per month.
Persons: Amanda Schneider, Schneider, aren't, Denis Smykalov, it's, Stephanie Vandergrift, Kathy Keel, we're, Kathy Keel's, Amanda Schneider It's, isn't, Vadim Yuryev, Annette, Vadim, Annette Yuryev, Yuryev, Jen Gressett, Gressett Locations: Nashville , Tennessee, ATTOM, Wolsen, Florida, Gallatin , Tennessee, Spokane , Washington, Spokane, Boulder , Colorado, Gressett
When I saw a trend of tiny houses on social media, I was immediately intrigued and decided to go for it. Today, I live in a 520-square-foot house with a modern farmhouse interior, and I have a community of 160,000 followers on Instagram, where I share tips about the tiny house lifestyle. How I built my tiny home on wheelsIn 2019, I bought a tiny house shell from a local builder for $45,000. So I reached out to a different builder, MitchCraft Tiny Homes, to take over the project in June 2020. Photo: Jen GressettYour tiny space can be whatever you want it to be.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI live in a $725/month luxury tiny home on wheels near Boulder, Colorado - take a look insideJen Gressett, 51, lives in a luxury tiny home on wheels near Boulder, Colorado. She paid $175,000 to complete the home, and pays $725 a month to park it in the backyard of someone's house. Jen stumbled upon tiny living as an affordable option with a single income and two kids after her marriage ended. Today, she says, "happiness comes in all shapes and sizes, and it's never too late to start over and learn new things." 08:11 an hour ago
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