Tiny homes are all the rage, from TV shows to new tiny home communities sprouting about the country. These micro-homes — generally 400 square feet or less, and can be either on wheels or a foundation — are also gaining popularity with retirees.
"A tiny house is very easy to clean and maintain, creating more time to enjoy retirement and less on household chores," said Steven Harrell, owner and founder of Tiny House Listings.
Another major lure is price. "By downsizing to a tiny home, the potential savings from real estate profits, lower utility bills and tax liabilities can mean a smoother financial transition to the golden years," said Todd Nelson, business development officer at LightStream, an online lending division of SunTrust Bank.
From affordability to low maintenance, tiny homes are new part of senior living. Here are 10 tiny homes for retirees who are looking to downsize: