The out-of-kilter residential housing situation is one of many factors spawning a nationwide real estate trend trend for so-called “tiny houses.” But in reality, purchaser preferences for humble homesteads started in the late 1970s and early 1980s, a pushback of the “greed-is-good” mentality that pervaded popular culture of that era, according to iProperty Management.
Tiny houses are typically between 100 and and 400 square feet, according to iProperty Management, and owners cite numerous advantages to living in them:
- Smaller price tags, which translates to smaller debt
- Diminished carbon footprint. A tiny home uses about seven percent of the energy of a traditionally sized house
- Appreciation and resale values. Realtor.com states that appreciation on a tiny house is 19 percent vs. 9 percent for a full-sized dwelling
The market nationwide is healthy for these half-pint properties; however, economists see a significant boom coming. Its drivers include:
- Post-COVID-19 residential real estate buyer exposure to the advantages of living small
- The burgeoning senior citizen population looking to downsize in their retirements
- Millennial purchasers wanting a more sustainable, pared-down lifestyle from their consumer-driven boomer parents
Bucks County has a number of these petite properties available.
23 E. Dark Hollow Road, Pipersville
This Tinicum Township single-family home was a hunting lodge built in 1935. It’s been renovated a lot over the decades, including a recent overhaul of the kitchen, laundry, and living room floor. The re-do makes maximum use of its 792 square feet of space.
1104 Bucks Road, Perkasie
This li’l rancher (990 square feet) in Bedminster Township sits on a 4.6-acre lot. The kitchen, bathroom, windows, roof, HVAC system, and electrical have all been recently upgraded.
This property comes with a conveniently attached two-car garage and an onsite horse barn with three stalls.
1323 Prospect Avenue, Croydon
This 916-square-foot doll of a house has two bedrooms, one bath, and easy access to the Croydon Train Station, I-95, and the Pennsylvania Turnpike.
The entry immediately reveals the open concept living room/dining room, made to feel all the airier by a vaulted ceiling.
The backyard is huge, with a detached garage and storage shed.
More on these properties is at Redfin.