The tiny house movement is on the rise with more and more individuals, couples, and families choosing to reduce the square footage of their homes. The United States accounts for a global market share of close to 88%, leading the tiny home market on a worldwide scale. Estimates show that the tiny home global market will grow approximately 7%, or by 5.18 billion between 2018 and 2022.
So, what is a tiny home?
There is no explicit definition of a tiny home since this is often a relative term depending on who uses it. The literature and Appendix Q in the 2018 International Residential Code refer to a tiny house as a livable dwelling under 400 square feet, which is the working definition for many.
Not only are tiny homes smaller than conventional homes, but they’re often built on mobile foundations. Unlike recreational vehicles, however, these homes are generally meant to be permanent residences for their occupants and are built to mimic the modern American house. Though many individuals make tiny homes their permanent residences, others own them as home offices, in-law suites, or as homes for returning children. These homes are typically built with high quality, local materials, and offer a more sustainable approach to traditional housing.