Posted on January 2, 2017
Buying Tiny House in Los Angeles :
Real estate is seeing a huge rise in the cost in Los Angeles coupled with the increasing trend of following a moderate living. In this regard, several individuals are opting for different alternatives to the customary way of living. One such is tiny house.
A buying tiny house in Los Angeles is a somewhat small house that are used for on-the-road staying too. Again, several homeowners opt to build a tiny house on a part of land in their ambience and use this compact house just like any other traditional house.
As for the potential tiny home dwellers financial profit is not the only criterion. They also want to come out of the large American lifestyle which involves increasing square footage and real estate investment.
Is Tiny House Living the Advisable option? Let’s delve more into this.
Before venturing into buying tiny house in Los Angeles, prospect get acquainted with your building codes. As soon as you fit your code necessities to your property and the prospective tiny house, contemplate the pluses and minuses of purchasing a plot of land.
A problem with the tiny house
The concept is the presence of hilly neighborhoods. By going to a hillside you are supposed to place the tiny house on a flat structure. The cost of placing the foundation’s base may come upto $300,000. This is added to the cost of the piece of land, which is somewhat high.
In order to lower your foundation cost getting a flat land is important. Though central Los Angeles has several flat areas they can be often similarly costly as that of purchasing a regular house in Los Angeles. This calls for a thorough search.
There are several tiny home owners who prefer mobility i.e. their house on wheels. As of now only few rules and regulations have been formed for tiny ownership. This may experience change as this concept becomes popular. As of now this is not an expensive real estate investment.
Those who are interested in tiny dwelling should take the effort to call RV Parks and know their regulations and space rental rates. As far as Los Angeles is concerned Oxnard’s Evergreen Park and also many Inland Empire Parks appreciate the entry of tiny home owners. Those who eventually become tiny home dwellers, the Tiny House Community has the required facilities for them and gives options on finding an area to park their tiny dwelling.
Tags: Buying Tiny House in Los Angeles, real estate investment