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Should You Downsize to a Tiny House?

Many of us fantasize about clearing all the junk from our homes, to de-clutter and simplify our lives. Some take that thought further and flirt with buying a tiny house.

After all, we do fine in small space when we’re on vacation or at a hotel. We can sell everything we don’t need, downsize and save money.

But is it really that simple?

You may be interested in a tiny house but will there be someone to buy it when it’s time to sell? Buyers are few.

“A tiny home is not recommended because it only fits a small demographic of buyers,” Trulia.com says. “The more restraints the property offers the market, the more niche it becomes. The more niche the home, the less buyers available.”

To find or build a tiny home might be simple. The tougher part may be to find enough land for it.

“Land is expensive, in growing short supply and people want a balance of having land and being close to city or town centers where they can access services, entertainment and employment,” TheTinyLife.com says. “These things are often in conflict with each other.”

Not always economical

Nor do you always save money.

“There is no storage space, so you'll need to rent a storage unit, which means paying for it, and then you have to go back and forth to it every time you need anything larger than a toothpick,” AOL.com points out.

And if you want to entertain, you might have to rent a larger venue.

Lifestyle can’t meet changing needs

Money.USNews.com notes the tiny-home lifestyle often can’t be sustained.

“Will your family grow to include additional members? Do you or your family members prefer privacy? What are you going to do when you're too old to climb over your kitchen to get in your bed?” the website asks. “Where are you going to store personal keepsakes that you don't want to part with?”

These are all points to consider. A tiny home may be your idea of heaven. But be sure you ask yourself some important questions before you take that big leap.

Cassidee Reeve, a Top Producing agent at NP Dodge, will advise you on how practical your tiny-home dream can be. Call 402-706-2901 to set up your free consult.

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