Stacie shares her experience with tiny house living, including some important lessons learned about designing, financing, and finding a parking spot for a tiny house, all from the perspective of a former apartment dweller in the city who made the leap to move to a tiny home in a rural mobile home park.
Stacie had her home custom-built and was able to pay a deposit and obtain a line of credit to cover the remainder of the cost. In the video, she suggests saving in advance if possible, and she also mentions chattel loans, builder financing, and financing from the previous owner as other financial loan options to explore (since many lending institutions and banks might not issue a conventional mortgage for a tiny house on wheels).
For parking, Stacie wanted a legal setup and spent a lot of time following leads for parking her home on private land, but they often fell through because the municipality wouldn't approve it, or because the landowners changed their minds. At the last minute, she was able to find a spot to park it at a trailer park. Since moving there she's had the chance to visit neighbouring trailers and wishes she had checked them out as an option before having a tiny home custom-built.
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CREDITS
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Music Credits: Exploring Alternatives
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#tinyhouse #tinyhousecanada #alternativeliving
This is a essentially park model trailer. She has mistakenly called it an ADU. An ADU is a secondary unit that sits on the lot with a primary residence.
Because she used the wrong terminology, she may have set herself up for more building restrictions, hassles, costs.
She chose simple finishes, along with a simple design.
The builder gouged.
Nice place though.
Thanks for being super honest about the cost of tiny homes. I have been in love with tiny homes for almost 10 years and the main thing I always considered was the fact that I can’t build one of my own, and I know the cost of getting a home built, plus the initial out of pocket payments has been my main reason for not pursuing it. Yeah, you have your own house in less time, but as a single person I actually have found it cheaper to rent.
To long make the video shorter
Yup. As a Canadian, I gave up on the idea of a tiny home. The only way to comfortably make that happen is to inherit land. Then you build 2 eight by 12 tiny homes on wheels and make them join together by huge bolts. Those are legal movable trailers that need no permits….just insurance. Pour a cement pad, and ta-da. You now have a legal CAMP. Those are allowed. Not as many codes or fancy schmancy government footwork involved.
Thank you for sharing! I wouldn’t be comfortable sleeping so close to the ceiling and would have a difficult time climbing up and down a ladder so sleeping downstairs would be a must for me. Wonderful tiny home!
Beautiful home
Appreciate the brutal honesty! No joke, though–I don’t think I could sleep in a loft like that.
If you pay this off in 8 years, you’ll be golden. Hang in there, Stacie.
Lot of learning shared here. Thank you.
Love the basic look of the home inside and out barring the loft.
Cool Stacey will be mortgage free so quickly.
Shame Stacey couldn’t get a bed to raise up and down. Hopefully the laws ease soon.
Nice home, nice lady.
Very helpful to hear the pro’s and con’s.
It’s tough to hear how much she paid. It’s gorgeous don’t get me wrong, but she could have easily snagged a used mobile home for half the price. And who knows the resale value of the build and if it will appreciate. Personally I don’t recommend anybody to do the tiny house UNLESS you’re going to build it yourself, or if money is no concern of yours. The price you pay you’d be better off just putting a down payment on a home that will appreciate as an investment.
Refreshingly honest.
How is it privilidged to have savings? Its called being responible