Tuesday, 23 February 2016

Tiny housing a growing trend in Canadian real estate

The desire to save time is one of several factors cited by the growing number of Canadians who are turning to alternative styles of housing, ranging from narrow houses to tiny ones to those sandwiched into laneways between other homes.
Other factors include environmental considerations — smaller homes require less power to heat — and affordability concerns, as home prices in certain Canadian cities continue to soar out of reach for many.
In 2006, when a single-family home for half a million dollars was hard to come by in Victoria, Fayle snatched up her house for $275,000 — a paltry sum for a 1,000 square-foot space located less than three kilometres from the downtown of one the country's most desirable cities.

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