Working with a real estate agent: Things you need to know
Information Guide

On the surface, tiny homes offer a practical solution to a rising problem among many who want to own a home but can’t get their foot in the door: rising prices. According to the Canadian Real Estate Association, the average Canadian house price has surpassed the $800,000 mark; however, a tiny home can be purchased or built for less than $200,000. People who live in tiny homes are committed to living minimally, which helps reduce costs and their carbon footprint. A tiny home may not be for everyone, so here are the basics of living in 400 square feet or less:

 

What Are Tiny Homes?

According to a 2017 report by Statista Research Department, the average size of a Canadian home is 1,792 square feet, ranking third after the United States and Australia in average home size preferences. On the other end of the spectrum, tiny homes measure around 400 square feet or less. Usually, a distinction is made between tiny homes and small homes, which are typically under 1,000 square feet.

 

Tiny homes have a variety of setups. They can be rented or owned. They can have wheels or be set on a foundation. Some are independent structures that resemble a house, while others are adapted from trailers or large vehicles. The characteristic that they all share is that they enable simple living in a smaller space with less cost for maintenance. 

 

Are Tiny Homes Legal in Canada?

Tiny homes are legal in Canada and offer a cost-effective solution to living a simple, mortgage-free, environmentally friendly lifestyle. However, it is important to check the different bylaws and zoning issues in your area because you can’t build or park them wherever you want. Zoning rules in some areas may prohibit tiny homes to provide incentives for tiny house developments. In other areas, such as Toronto and Vancouver, tiny homes are not only legal but can be built or parked in a backyard.

 

According to the Tiny Home Alliance in Canada, a current or future tiny homeowner needs to be informed on building codes, zoning laws, standards, insurance, financing, and fixed and mobile options as they go through the process of building or acquiring a tiny home. In addition, tiny homeowners need to know their rights at the local, provincial, and federal levels. Staying informed is the easiest way to ensure that your tiny home is legal and up to code.

 

What is Tiny Living Like?

The leap to move into a tiny home is purposeful and involves careful consideration of your current lifestyle. Every single thing in your possession will need to be evaluated to decide whether it would fit in your tiny home lifestyle, and there will be some sacrifices that will need to be made for the sake of simplicity and space. Each item in your tiny home will have a purpose that is matched to your needs.

 

As a result, the home becomes so customized that it becomes a meaningful part of its person, to the point where many owners end up naming their tiny homes!

 

On the whole, tiny home living is much like living in a regular size house, just on a smaller scale. Beds are often up in a loft or can be folded away during the day to make extra space. Many spaces serve double duty – the entire bathroom may also serve as the shower or eating meals may take place at the kitchen counter. The outdoors then becomes an extension of the house. In warm weather, tiny home inhabitants can relax or even cook outside.

 

A tiny house can be easy to maintain due to its size but requires frequent cleaning because dirt and clutter can build up faster and are more noticeably. However, it does not take long to clean. Often there is built-in storage in many places in the house, particularly under the stairs, if the house has them, or inside a couch. Every inch is utilized so that there is no wasted space.

 

The popularity of tiny homes has been on the rise for the past five to 10 years. But living in a tiny home is not for everyone. It is a lifestyle for those who are committed to living with less. The tiny house movement has helped people learn how to live their lives with fewer material possessions and allowed them more time and freedom to enjoy their lives on their own terms.

 

 

Are you looking to buy or sell? Find our latest RE/MAX Four Seasons listings HERE and contact one of our agents who can assist you with all your real estate needs.

 

Article courtesy of blog.remax.ca.

Terms and Conditions REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

Preferred Client password reminder

Enter the e-mail address you registered with and we will e-mail your password to you.

Your password reminder has been sent

You should receive your password reminder in a few minutes.

Please check your e-mail before attempting to log in to your account.

Thank you,

RE/MAX Four Seasons Realty Ltd., Brokerage

Mortgage calculator

Disclaimer

Please be aware that these are for indicative purposes only and will offer approximate values.

Land transfer tax

Disclaimer

Please be aware that these are for indicative purposes only and will offer approximate values.

What's my home worth?

Getting ready to sell your home?
Learn its true value quickly and for free!

Tell us about your home

Tell us about yourself

Thank you for your submission

Your request has been successfully submitted. We will review your property information and contact you regarding your home valuation as soon as possible.

Thank you,

RE/MAX Four Seasons Realty Ltd., Brokerage

Find my dream home

Trouble finding your dream home? Let us know where you want to live and we'll find it for you!

Tell us what you are looking for

$0
Any

Tell us about yourself

Thank you for your submission

Your request has been successfully submitted. We will review your property information and e-mail you a selection of homes that meet your critera as soon as possible.

Thank you,

RE/MAX Four Seasons Realty Ltd., Brokerage

Mortgage pre-approval

Ready to buy your next home?
Receive a personal mortgage report for free!

Tell us about yourself

Thank you for your submission

Your request has been successfully submitted. We will contact you as soon as possible and set up a meeting with one of our financial partners at your earliest convenience.

Thank you,

RE/MAX Four Seasons Realty Ltd., Brokerage

Request more information

Thank you for your submission

Your request has been successfully submitted. We will contact you as soon as possible with more information about this property.

Thank you,

RE/MAX Four Seasons Realty Ltd., Brokerage

Book a viewing

Thank you for your submission

Your request has been successfully submitted. We will contact you as soon as possible and set up a viewing at your earliest convenience.

Thank you,

RE/MAX Four Seasons Realty Ltd., Brokerage

Oops!

You need to correct the following issues before you can submit your request.