A new neighborhood of 50 tiny homes averaging 300 square feet is under construction in San Diego. The homes are expected to cost occupants $750 per month space rent plus the cost of the home. This is compared to the average rent of $1,152 for a one-bedroom apartment in San Diego.
Habitats Tiny Homes is spearheading the development. According to its website (habitatstinyhomes.com), the ecologically friendly community will be established on a 5-acre plot and will feature an urban farm and orchard, a coffee shop, farmers market, community center and a yoga studio. The lots are 30 ft. by 40 ft. and include carports with solar panels and patios. The perimeter of the community will be foliaged for privacy and to define the area. There will be rain barrels and an onsite retention pond.
With the soaring rents in western cities, it makes financial sense for people to buy a tiny home even considering the monthly space rent, due to the cost savings on rent. When it comes time to move, the home can be moved, and the rent savings virtually pays for the home in just a few years. The San Diego community includes three budget categories for building homes: less than $40,000, $40 to $50,000, and $50,000 plus.
Home Price Round-up
LOW
835 SE Polaris Ct, Bend, OR 97702
3 beds, 1 baths, 968 square feet,
.19 acre lot | Built in 1979
$215,000
Listed by Coldwell Banker Morris Real Estate
MID
21262 SE Woodruff Pl, Bend, OR 97702
4 beds, 2.5 baths, 1983 square feet, .06 acre lot | Built in 2007
$339,000
Listed by John L Scott Bend
HIGH
1515 NW Healy Ct, Bend, OR 97703
3 beds, 2.5 baths, 3010 square feet, .50 acre lot | Built in 2008
$979,000
Listed by Coldwell Banker Morris Real Estate
Photos and listing info from Central Oregon Multiple Listing Service
