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Business Insider·3 min read·easy

I built my tiny home from scratch for under $50,000. Doing it all myself was hard, but the money I'm saving is worth it.

I built my tiny home from scratch for under $50,000. Doing it all myself was hard, but the money I'm saving is worth it.
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Margo Fairchild shares her experience of building a 240-square-foot tiny home in Virginia for under $44,000. Despite the physical and mental challenges of a 15-month solo construction project, she emphasizes the long-term financial freedom gained from the endeavor.

Why it matters

The tiny home movement reflects broader economic trends regarding housing affordability and the desire for minimalist, self-sufficient living.

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Margo Fairchild in front of her Virginia tiny home. Courtesy of Margo Fairchild In 2020, Margo Fairchild built a tiny home on her own with no prior experience. Fairchild spent countless hours and almost all her paychecks to build the 240-square-foot home. It took 15 months and $43,779 to build the home, but the freedom she has is priceless, she said. This as-told-to essay is based on a conversation with Margo Fairchild, 34, who built a 240-square-foot tiny home in Virginia on her own in 2020. The conversation has been edited for length and clarity. I grew up watching my dad work with his hands, mostly on cars, and I picked up a bit of resourcefulness and that get-it-done attitude from him. So, when I decided I wanted to live in a tiny home , it never really crossed my mind to have someone else build it for me.

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