Have you ever thought about living in a tiny house on wheels and traversing the country? Maybe you have been dreaming about driving from city to city, exploring new towns and taking in every beautiful scenery that accompany each stopping point. Or perhaps you see yourself buying a tiny home on foundation and living either of the grid in the countryside or within an inner city.
Both of these options may appear fascinating to any person who wants to join the tiny house community, but which option is right and cheaper for you: the tiny house on trailer or the tiny house on foundation? To make your decision easier, we have come up with a list of advantages and disadvantages for both of these scenarios.
Tiny houses on foundation have quite a number of advantages when you compare it to a tiny house on trailer. Anyone who has set up a tiny house on foundation will tell you that it has a lot to offer. Here are some of the advantages of owning a tiny house on foundation.
One of the main reasons as to why you should consider having a tiny house on foundation is safety. Regardless of whether you are building it on a Crawlspace or concrete slab, tiny houses on foundation will still be safe. Unlike Tiny House on Wheels (THOW), tiny houses on foundation are firmly rooted into the ground and thus keeping you safe in case of natural disasters or harsh weather conditions.
- Total Cost of Ownership
Before buying a tiny house on foundation, you will have to get a piece of land. This action should be taken as an investment rather than an expense, because the value of land will always appreciate over time. Furthermore, the tiny house on foundation will require less maintenance costs. You do not have to worry about the wear and tear of wheels or the trailer as is the case with THOWs.
Tiny houses which have been built on a foundation give home owners the needed equity. Despite taking some months or even years to build equity, it still offers the breakthrough that you need unlike tiny houses on trailers.
Building a tiny house on foundation is similar to designing a traditional stick-built home. This is because you need the necessary finances if you are to buy or construct a tiny house. For this reason, you will have to rely on loans and mortgages especially when running on a low budget. However, you may sometimes encounter some problems whenever you need finances from lenders. All in all, tiny houses on foundation still give you different financing options just like a traditional stick-built house.
Tiny homes on foundation offer more in terms of flexibility. What this basically means is that you have a wide range of designs to choose from. There are no restrictions on height, width and length as is the case with a tiny home on wheels.
- Buying/Renting Land
If you are thinking about getting a tiny home on foundation, you will need land to set it up. Buying a piece of land can prove to be very costly with the price depending on location and size of the land. Furthermore, you have to search for a piece of land that has a well and septic. This can be time consuming since not every land seller will be having a septic and well.
Some people may opt to rent a piece of land before setting up their tiny house. However, a landowner may decide to sell the land or ask you to vacate thus leading to further problems.
- Lack of Mobility
If you do not plan on moving around a lot then building a tiny house on foundation will be a good choice. Nevertheless, travellers are at a disadvantage since it does not offer flexibility as is the case with tiny houses on trailers.
Many countries around the world impose taxes whenever you attach your tiny house to the ground. The property tax varies from state to state with smaller tiny house owners paying less as compared to their counterparts.
- Permit Codes
Before constructing a tiny house on foundation, you will need approval from the city. Most jurisdictions base their permit on the valuation of the home you are building. If you are planning on building a small home, then the permit fee will not be that harsh. Even so, you still have to make do with utility connection fees and “Impact fees”.
Permit Codes may also hinder you from getting the type of tiny house on foundation that you so desire. This is because some cities do not allow the construction of bigger tiny houses. In this scenario, you will have to look for a different location or simply comply with the set codes.
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TINY HOUSE ON A TRAILER
One of the main reasons as to why you may consider building a tiny home on a trailer is the ease of moving it whenever you need to. Most adventure seekers and road trip lovers can bear witness to the fact that THOWs are quite cheaper when compared to a tiny house on foundation. This is because you get to save on money that you would otherwise incur in transport costs yet you can still move around with your home.
- Avoiding Natural Disasters
A THOW gives you the ability to leave a location immediately there is a natural disaster like hurricane, floods, forest fires just to list a few. You will therefore never have to count your losses as is the case with a tiny house on foundation.
- Needs a Truck
A tiny house on wheels needs a truck which can tow it to any location of your choice. People who do not have a truck will have to incur additional costs by purchasing one. Furthermore, you will also have to spend more money in maintaining the truck if it is to operate efficiently.
People residing in tiny houses on a trailer must be ready to look for an insurance that will cover you while off the road or on the road. This means additional costs which would not have been incurred had you decided to build a tiny house on foundation.
- Cost of Running Utilities
The cost of running utilities like water and electricity is quite high for tiny houses on a Trailer. This is because you no longer have to rely on a well as is the case with people living in a tiny house on foundation. In addition to this, you must also set aside some additional funds for installing a septic system to your tiny house on wheels.
People have different needs and that is why you should take time before making a decision. Carefully examine all the expenses incurred before choosing between a THOW and a tiny house on foundation. If you are not into travelling, then purchasing a tiny house on wheels will do the trick. Moreover, it will save you from a lot of stress when travelling since there are no additional costs incurred on fuel and maintenance of the towing truck.