Chattanooga Neighborhood Enterprise Shows off its first Tiny Home
"It’s our prototype," said Chattanooga Neighborhood Enterprise (CNE) President & CEO, Martina Guilfoil, "We’ve heard a lot of buzz about small living and small houses. So we thought, we’re gonna build one and we’re gonna see if people are really serious about buying small houses."
CNE built the home, which was introduced to the public Thursday afternoon for an appropriately named Tiny Open House, "It’s been a lot of people. People are really interested in what it looks like," said Guilfoil.
The entire house is just 532 square feet, but most people who stopped by said as soon as they went inside, they realized it was a lot bigger than they thought it would be. "It’s one of the larger ones," said local resident, Paula Walker, "I mean I could move in there right away."
The tiny home is affordable and energy efficient. In fact, it’s estimated to cost around $80,000 which overall adds up to about $650 a month.
"I think this makes sense for everybody," said Guilfoil, "It’s not just millennials, it’s people that are downsizing."
CNE has already made plans to build more tiny homes in the area, including nine houses in Highland Park.