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Austin and Texas gain big recognition as top markets for tiny homes – CultureMap Austin

Tiny homes keep popping up across Texas. In the Austin area, for instance, several tiny home communities are already open or are in the works. And in downtown Lake Dallas, about a dozen families have settled into a tiny home village billed as the first center-of-the-city development of its kind. 

A new ranking indicates the Austin area and Lake Dallas are onto something. IPX1031, a financial services provider for real estate investors, puts Texas at No. 2 on its list of the best states for tiny homes.

“Sure, everything might be bigger in Texas, but that doesn’t mean your home has to be,” IPX1031 says. “With an average tiny home cost of $48,120 and a median income of $64,034, you can get the most bang for your buck when it comes to tiny living in Texas.”

Georgia grabs the No. 1 spot on the list. IPX1031 based its ranking on each state’s average cost to buy a tiny home, median income, cost of living, average annual temperature, and percentage of parkland.

While Texas takes second place in the ranking of the best states for tiny homes, it doesn’t rank highly for interest in this style of living. A review of Google search activity by IPX1031 pinpointed Vermont as the state where residents are most curious about tiny homes, followed by New Hampshire, Maine, Wyoming, Washington, Idaho, Montana, Oregon, Rhode Island, and Alaska.

A survey last year by IPX1031 found that 56 percent of Americans would live in a tiny home, with affordability cited as the No. 1 reason. Most tiny homes measure 400 square feet or less. By one estimate, tiny homes make up about 1 percent of the U.S. home market.

By the way, Texas’ richest resident, Tesla and SpaceX leader Elon Musk, on November 13 swatted down speculation that he’s living in a Boxabl tiny house along the Gulf Coast. While hailing Boxabl as a “cool product,” Musk tweeted that he’s been living in a small $50,000 home in South Texas for the past two years.

“Feels more homey to live in a small house,” Musk told his 64.5 million Twitter followers.

Source: https://austin.culturemap.com/news/real-estate/12-03-21-texas-top-states-for-tiny-homes-ipx1031-aus/

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This tiny house in Vaughan is for sale for a whopping $11 million – blogTO

The Ontario real estate market feels like a bad joke on a good day but when a property like 1070 Nashville Road comes up, it feels like that joke went a bit too far. 

Listed for $11,280,000 is this two-bedroom, one-bathroom bungalow with a two car garage. 

Now it’s safe to assume that the home itself isn’t worth $11 million because there aren’t even shots of the interior of the house. 

However, the listing does mention a relatively new geothermal furnace and roof, so there’s a chance it’s livable. It also apparently has a “galley kitchen and granite counters” but again none of that is even remotely worth its obscene price tag. 

As the …….

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Raleigh City Council approves the use of tiny homes – WTVD-TV

RALEIGH, N.C. (WTVD) — In a unanimous vote, the Raleigh city council approved the use of tiny homes in city limits.

“This is a major step forward, and I would be happy to second your motion council member (Jonathan) Melton,” said Mayor Mary-Ann Baldwin.

Baldwin is a leader in pushing for this project for several years to help with affordable housing in the area.

Dexter Tillett is co-owner of Tiny Homes Raleigh

“For me, the reason why I started this company is to make an impact in Raleigh with affordable housing,” Tillett said.

Up until now, Tiny Homes Raleigh has primarily been only building accessory dwelling units (ADUs), which are placed in the back of an already exist…….