The average size of a home in 2013 was 2,598 square feet -- an enormous increase over the cozy 1,525 square feet that was the average in 1973. As homes become bigger and mortgages grow to match, more and more homeowners are going to something much simpler and smaller: The tiny house. Usually defined as a home between 100 and 400 square feet, these micro-homes offer huge benefits, including lower overall cost, lower utility bills, a smaller carbon footprint and even the ability to move whenever you please.
Today's average tiny house costs about $23,000, and as a result, 68% of all little house owners aren't tied to a mortgage. Tiny houses can be built on site, or they can be easily shipped to the buyer, thanks to the fact that they will usually fit on a flat-bed truck. More companies that specialize in compact houses are popping up across the country, making it much easier for anyone to go small.
But is the tiny house movement really all it appears to be? As with any new trend, it's important to seriously consider the pros and cons. So we talked to a few who have lived in tight spaces and asked them the important questions: What do you love -- or hate -- about your small space?
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