Page 17 - REN_Mar-Apr 2021

Tiny Homes Can Offer Huge Potential

Wendy Helfenbaum courtesy Realtor.ca
hether you’re trying to break into the real estate market, downsizing from a larger home or longing for
more space for your growing family, there’s probably a tiny house for you. In addition to the trendy appeal
Wto build a compact house on wheels and live an adventurous nomadic lifestyle, living large in a tiny house
offers up a wealth of options–and their popularity is surging.

Canadians are curious
The Canadian Real Estate Association has reported record
sales activity over the last few months as Canadians’
desire for more privacy, extra space and easy access to the
outdoors has reached new heights. While for many this
means larger homes in rural and suburban communities,
for some, it means turning to tiny homes.
A recent study about Canadian real estate trends
conducted by data provider SEMrush revealed consumers
are more interested in smaller properties than they were
in 2019. Searches for ‘tiny homes’ have increased by 55%
since January. For people on a budget looking to stretch
their home buying dollar, putting up a custom-built tiny
home on a small parcel of land–especially in a rural area–
offers lots of possibilities.

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