The clever homeowners turn their garages or sheds into tiny homes to generate extra income. Granny Flats, or In-Law Suites as they are also known, can help offset mortgages. The prices of houses and properties continue to increase. The small houses will be a great option for those looking to rent, since there is an acute shortage of rental properties in major cities. In some places accessory dwelling units may be legal, but in many other places it’s illegal to reside in a house that is smaller than 100 square foot. In-law suites and granny flats are used by elderly people to avoid living in nursing facilities. These are great options for young people and students looking for affordable housing. It’s possible to use these as short-term Airbnb rentals. But, you should check the local laws. Renting out your home can be a great way to supplement any income.

The cost of these small houses can range from $25,000.00 to $100.00 when completed. All depends on how the house is finished and furnished, as well as the material used. The structures can easily be transformed into a small home or accommodation. You’ll need to upgrade the electrical, plumbing and insulation. You should buy a completely new item to outfit your house. Many companies sell small house kits. You can also find them locally. The prefabricated kits are a good option for people who wish to cut costs. These kits can be assembled by yourself, without the need to hire an expert. These kits come with everything needed to construct your own tiny home. A professional can be hired if you do not feel confident about building your own tiny house. You can offset your costs by getting some help.

You can get ideas for your own designs by looking at these online small house plans. It’s great to get inspiration for your own design. Online, you will find many designs. One example is a tiny-house built on posts to raise it higher than the ground. It would work well in areas that flood easily. You can also design a small home if you’re buying property. It could serve as temporary accommodation until you build your bigger home or even while building it. The tiny home can be rented out after the main house has been built. You can still use the tiny home as an office or guest house if your business is a crafts or arts one. Many small house plans are available online. You should know what you’re looking for when designing. It will make the building process flow smoothly.

Resource: Hyggehous