Scottsboro, AL 35769 . Phone: (256) 259-3683 . Fax: (256) 574-2190 . E-mail: greg@blfabricators-inc.com . Website: blfabricators-inc.com . Product: Custom Fabricated Products - Automotive & Textile . NAICS Code: 333924 . Number of Employees: 20 . Established in 1991
The typical size of a small home seldom exceeds 500 square feet (46 m2). The typical tiny house on wheels is usually less than 8 by 20 ft (2.4 by 6.1 m), with livable space totalling 120 sq ft (11 m2) or less, for ease of towing and to exempt it from the need for a building permit.
Itâs no surprise that smaller homes cost less, but perhaps it is a surprise to learn just how much less. The short answer is that each 100 square feet of new house costs at least $10,000 in the first 10 years of home ownership, while existing homes are probably closer to $7,000 per 100 square feet in the first 10 years. By this reasoning, buying 500 square feet less of home can save $50,000 in the first decade of ownership.