Jakarta – The corona virus pandemic has triggered a surge in demand for tiny dwellings in various parts of the world, including in Indonesia.
This phenomenon is driven by a number of factors, ranging from the need for additional space to finding alternative housing that is more affordable in the midst of economic turmoil.
However, even though it offers the potential for great significance in its practical design, it turns out that cost and location are crucial factors in the tiny house investment journey.
Quoted from CNBC, Sunday (20/8/2023), tiny houses which generally have an area of under 600 square feet or around 56 square meters have become an attractive choice for some people who want to experience a simple life without having to sacrifice comfort.
However, a recent survey by Porch.com, a home services platform, revealed that the average size of a tiny house sold in the United States is actually only 225 square feet, or about 21 square meters, or about eight times smaller than a conventional home.
One of the factors that attract attention is the cost of building and maintaining a tiny house. While the average cost of a tiny home is lower than a conventional home, buyers must be prepared to pay a higher cost per square foot.
“There is a lot of detail and complexity in connecting and integrating key power sources such as electricity, sewer and heating in a relatively small building,” explains Volodymyr Kupriyanov, a researcher at Porch.com.
This often requires custom-sized materials and labor, which adds to construction and maintenance costs.
Not only cost, location factor also plays an important role in the story of a tiny house.
Zoning regulations that vary from region to region can affect construction costs and the legality of ownership.
Utility connections such as water, electricity and sewerage can also be a source of significant additional costs.
If the tiny house is located in an area without access to utilities, the owner may have to take steps such as collecting rainwater or using solar panels, which of course will add to construction costs.
For those who are interested in investing in tiny houses, considerations regarding affordability are also things that cannot be ignored.
Even though the price is the most affordable in several states, including a number of regions in Indonesia, the affordability factor remains an important aspect. In addition, potential buyers must also consider the cost of tiny house insurance, which also varies by location.
However, despite all these challenges, the tiny house phenomenon is still attracting attention. In the context of increasingly dense urban growth, tiny dwellings offer creative solutions for individuals who want a minimalist lifestyle without losing the essence of modern life.
However, keep in mind that investing in a tiny house needs to be tailored to your financial plans and long-term goals, considering the various cost factors and investment values that may be involved.
In a world that is constantly changing, the tiny house phenomenon is one of many choices that must be considered carefully before moving into this innovative and exciting world of real estate investment.
(dna/dna)
2023-08-20 11:04:06
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