Friday, 24 January 2020

Live Large in a Tempting Tiny-Home Community in Reno for Only $285K

Reno tiny house community

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If you saw a sweet tiny-house community in downtown Reno, NV, on HGTV’s “House Hunters” earlier this month and fancied a move to northern Nevada, we have intriguing news.

You can now snap up a tiny house in that same Tiny Ten community. A 652-square-foot, two-bedroom, one-bath home is on the market for $285,000 with listing agent Barrie Lynn of Ferrari-Lund Real Estate.

Built by urban home developers Haberae in 2017, these 10 tiny homes are the perfect solution for those who want to downsize—but don’t want an apartment or condo.

“It gives you everything you like about a single-family home—walk-out level, nobody above you, and a yard—but it’s combined with everything you want with a condominium,” says Lynn. Each house even comes with a garage.

High ceilings, natural light, an open floor plan, and energy-efficient heating and cooling are additional perks. The shared courtyard features benches and an art sculpture.

Exterior

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Kitchen

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Loft

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One of the two bedrooms

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Bath

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Shared courtyard

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Community entrance

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Aerial view of community

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Garage

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One of the units in the tiny-home community sold for $219,000 on the popular HGTV show, but Lynn says the episode was filmed two years ago.

“The market value is higher than when we filmed that episode,” she says. And demand continues to soar. Forty-five people joined a waiting list shortly after the community’s initial 10 homes were sold.

There’s a common misperception that tiny homes are cheap and allow you to have a mobile lifestyle.

“People think they’re on wheels, on a trailer, and you can take them anywhere,” says Lynn. However, access to water, electricity, and sewage is needed and you can’t park long-term on city streets or in parks.

This particular tiny dwelling might also attract someone who hates driving.

“You can leave your car at home,” says Lynn, adding that most services are within walking distance.

What kind of people are moving into tiny homes? It’s not just millennials opting for a trendy lifestyle.

“What we have found is the type of buyer interested in this product is a mix of young and retired,” says Lynn.

Many are snowbirds who spend the winter months in a warmer climate. In fact, this type of living situation might appeal to one who travels often. Proximity to neighbors, says Lynn, means a burglary would easily be spotted.

“Everyone keeps an eye on each other,” she says.

We’re willing to bet that more buyers will look to go tiny in America’s Biggest Little City if supply catches up with demand and more of these petite communities sprout.

The post Live Large in a Tempting Tiny-Home Community in Reno for Only $285K appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/unique-homes/live-large-in-tiny-home-community-in-reno/

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