Due to the unique location, a FAMILY of four can live in a $100,000 home with absolutely no bills.
As inflation remains high, Americans are looking for a way to save on their monthly expenses.
For many families, a mortgage cuts into a large portion of their income, but one family may have discovered the secret to financial freedom.
On the YouTube channel Exploring Alternatives, couple Krystine and Bruce explained how they avoided monthly bills by moving into a 34-foot-long tiny house on wheels with their two daughters.
Your “Rainbow Tiny House” is completely off-grid and has a solar power system and a backup generator to provide the family with electricity.
Although it is a tiny house in nature, it has an 8 x 3 foot walk-in closet and a raised floor with two bedrooms.
There is even room for a storage staircase and a large bathtub.
“Many people find the $100,000 price tag for tiny houses a bit high these days, but after speaking to many builders, we realized they have much higher overhead costs than self-build,” the couple said.
The home is in the middle of the woods but not far from homes that typically go for $800,000, the couple said.
THE JOURNEY HERE
Krystine said the family was interested in going small for seven years before finally taking the plunge.
“Less house, more life” is the motto, she said.
And overall the lifestyle worked.
Bruce said the reduced financial burden has allowed him to spend more time with his family.
And despite the small square footage, the space doesn’t feel “tiny” at all, the couple says.
“It doesn’t feel like a small space,” Krystine said. “It feels bigger than it is.”
With a fully equipped kitchen, two bedrooms, a living room and a huge walk-in closet, the family won’t be overwhelmed.
The house also has a bathroom and a compostable toilet.
The couple is transparent about the many questions they receive from outsiders, especially those worried about the children in such a small space.
“They feel like this is their home,” Krystine said. “They spend so much time outside.”
KEEP COSTS LOW
The hardest part of the trip was finding a place to rent, Bruce said.
They found the property in question via Facebook.
They picked a spot, cut down the trees, laid a gravel path, and made their home a sweet home.
For six acres, Krystine and Bruce are paying a third of what they paid for their former home.
The entire house cost about $100,000.
With the average cost of other homes in the area being $800,000, it was a bargain for the family of four to settle into their cozy home.
“This allows me to stay home with our kids and school and be with them all the time,” Krystine said.
And although Bruce was used to working 100 hours a week, the financial flexibility afforded by his tiny home lifestyle means he can see his two daughters more than ever.
Another small home fan lives in a house and floats on water for just $200 a month.
Meanwhile, another couple spent just $1,250 on their tiny house, which even fits someone 6 feet tall.