Business Insider·3 min read·easy

I built my tiny home for under $50,000. Here are 5 things to consider before building your own.

I built my tiny home for under $50,000. Here are 5 things to consider before building your own.
AI Summary

Margo Fairchild shares her personal experience of building a 240-square-foot tiny home for under $50,000. She offers practical advice on budgeting and planning for those considering similar DIY construction projects.

Why it matters

The tiny home movement represents a growing trend in alternative housing and sustainable living, offering a potential solution to rising real estate costs.

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Margo Fairchild built a 240-square-foot tiny home largely by herself. Courtesy of Margo Fairchild In 2020, Margo Fairchild built a tiny home despite having no prior construction experience. It took her 15 months and $43,779 to build the 240-square-foot tiny home in Virginia. Here are five things Fairchild says people should consider before building a tiny home. In 2020, Margo Fairchild built a tiny home on her own, despite having no professional background in home construction. To take on the project, she relied on a mix of YouTube videos and homebuilding forums. She also created an Instagram page to document her progress, where architects and builders from around the world reached out to offer advice when she had questions. It took her 15 months to build her 240-square-foot, one-bedroom, one-bathroom tiny home. The $43,779 project cost more than she anticipated, but it has paid off.

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