Living in a 100 square-foot Home

As much as we abhor McMansions we think this couple has taken living in a small home to the extreme. They formerly lived in a modest 1800 square foot home but recently "downsized" into a 100 square foot home.

   

According to CNN.com.

The house cost them $15,000, and the utilities are a mere $15 a month. The couple now live on property owned by their daughter in California wine country, where the average home in 2007 cost $725,000. If they want to leave, the home has wheels and can be pulled behind their vehicle and plugged into any RV park in the nation.

The family still has their 1,800-square-foot home, but they will probably sell it. The house is too expensive, they say, costing them about $1,500 a month in mortgage payments, plus another $160 in utilities.

The change to their shed-like home has been so dramatic that Bill Kastrinos is now building the tiny homes to sell. He's sold 11 in six months, most of them in the range of $15,000 to $20,000. Clients range from people on welfare to retirees on fixed income, he says. Inquiries about the homes are on the rise, he adds.

Mr. Kastrinos also made the house so small that his wife doesn't live there with him so he's built a similarly small home to stay next to him. All of this doesn't quite add up but they are definitely selling the concept to anyone who is listening or buying. We think these homes are more suited to Hobbits.