If you are looking to start from ground zero here are some costing factors when you are looking at tiny homes.
- Water heating system: $700 to $2000
- Trailer to build home on: $5,000 to $12,000
- Lumber supplies: $2,000 to $12,000
- Doors and glass windows designed for Canadian winter: $1,000 to $5,000
- Metal roof: $1,00 to $2,000
- Insulation rigid and non: $1000 to $3000
- Exterior siding metal: $1,000 to $3,000
- Electrical wiring which needs to be installed by pro: $2,500 to $5,000
- Electric or propane heater: $500 to $2000
- Tile shower: $100 to $2,000
- Compost toilet: $1000 to $2500
- Bathroom fixtures and plumbing: $500 to $3,000
- Lights inside and out: $100 to $1000
- Storage and kitchen cabinets: $1,000 to $6,000
- Ikea kitchen counter: $500 to $2000
- Small kitchen appliances: $2000 to $5000
- Wall siding: $800 to $3000
- Floors (assume not special order): $300 to $3000
- Bolts and screws and nails: $800
- Paint supplies: $100 to $500
People know that tiny homes are usually less expensive than traditional houses, but how trying to figure out the exact cost is difficult.
Tiny homes vary widely in price because they’re very difficult than their larger homes. Supplies and smaller appliances, plus fuel costs and parking fees are just some of the things that drive up the overall cost. If you build on a triler and are moving you need to figure out transportation costs and the parking costs. Spending too much on those tw items can leave you with little money for anything else.
To help you we developed the above budget for your future project, but the prices can range because of the quality of the product that you select.
If you are thinking of reselling in the near future its better to buy newer products according to most real estate agents. If you are planning on living in the home and use it for your own needs you may be able to save money by using recycled or salvaged items at stores like ReStore. The pricing assumes you build the unit yourself.
You can buy a completely new tiny homes on wheels from around 5$50,000. One example is The Shonsie home. The 206-square-foot cottage has plenty of nice items like a kitchen equipped with Energy Star appliances and a loft bedroom with a comfortable mattress.
Another way to save is you can buy a vehicle instead of building on a platform. One person transformed an used recreational vehicle that she purchased for $800 into a 199 square foot home for about $10,000. But projects like this do take alot of time, in this case it took her over two years to finish the project together in its entirety, using mostly reclaimed materials. It did help that she had a background in architecture from her school years.
Another area to consider is insurance. Some companies have never dealt with tiny homes and those that are on wheels.