I spent $30,000 on a 'Hobbit'-style house and now live mortgage-free in a tiny home village
In a field outside Knoxville, Tennessee, a fast-growing community is accommodating residents in their own homes for as little as $20,000.
The 65-year-old spent $25,000 on a bespoke"Hobbit"-style home in 2020, and another $10,000 on renovations and three years of ground rent to live in the community. The home was designed by Incredible Tiny Homes, which made some adjustments to the property at Runyon's request. She has since had the property appraised by an insurer, which said it was now worth more than $50,000. But the financial windfall pales in comparison to other benefits Runyon has reaped from living tiny.
Runyon will go for breakfast with other residents on Sundays, while there are four libraries in the area. She says other helped her get over the loss of a friend last July."I'm just amazed at the level of family you can find from 170 total strangers," Runyon said.
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