{"id":921,"date":"2021-02-08T04:59:34","date_gmt":"2021-02-08T04:59:34","guid":{"rendered":"http:\/\/theportlandneighborhoodguide.com\/?p=921"},"modified":"2021-06-08T05:13:05","modified_gmt":"2021-06-08T05:13:05","slug":"can-i-buy-land-in-portland-and-put-a-tiny-house-on-it","status":"publish","type":"post","link":"https:\/\/theportlandneighborhoodguide.com\/can-i-buy-land-in-portland-and-put-a-tiny-house-on-it\/","title":{"rendered":"Can I Buy Land in Portland and Put A Tiny House On It?"},"content":{"rendered":"

I get this question ALL the time. Get ready for some real talk!\u00a0<\/span><\/p>\n

Let\u2019s just cut to the chase: You\u2019re not going to be able to buy land in Portland and put a tiny house on it.\u00a0<\/span><\/p>\n

If you want to do this, you\u2019ll need to be outside Portland\u2019s city limits. And in fact, you\u2019re mostly likely not going to be able to do this in ANY city in Oregon. You\u2019ll very likely need to find specifically rural land if you want to put a tiny home on it.\u00a0<\/span><\/p>\n

Here\u2019s another question I get all the time:\u00a0<\/span><\/p>\n

Is there a place where I can buy a plat of land in the Greater Portland area that\u2019s within commuting distance to Portland?\u00a0<\/b><\/p>\n

Well, unless you have hundreds of thousands of dollars in cash, the answer is no.\u00a0<\/span><\/p>\n

Banks don\u2019t want to loan on just raw land. Basically, banks loan money that they feel strongly they\u2019ll be able to get back, and raw land is a bad bet for them. <\/b>The way they see it is what if you\u2019re going to stop paying a mortgage, you\u2019re going to keep paying the mortgage of the house you actually live in, and stop paying the mortgage of the land you don\u2019t need. And of course, this doesn\u2019t do the bank any good. Therefore, banks rarely loan money on raw land. (There are some builder loans, but they are so specific and restrictive that in this market, they just aren\u2019t usually used.)\u00a0<\/span><\/p>\n

Another downside to raw land is that it usually doesn\u2019t have utilities. It\u2019s not going to have water, septic, or electricity, and it\u2019s super expensive to bring all of those things in. <\/b>There are some pieces of raw land out in the country where these utilities simply aren\u2019t even available. If you do decide to go down this route, you need to do your due diligence and check in with the county to see what you can get.\u00a0<\/span><\/p>\n

If you have the cash, you can be prepared to spend at least $150,000 on JUST the land in order for it to be a lot that you can put a tiny home on. <\/b>There are some lots out there that are like $40,000, but you can\u2019t build on them. And if you have the cash, you need to work with a realtor who knows raw land really well\u2014you can\u2019t just use any old real estate agent unless you wanna get screwed! (I have some great agent recommendations if this is what you want to do\u2014<\/span>reach out <\/span><\/a>and I\u2019d be happy to connect you.)\u00a0<\/span><\/p>\n

On that note, you need an agent who has expertise in raw land and knows what they\u2019re doing. <\/b>Your agent needs to understand local building codes and laws, and there\u2019s a fair amount of counties that don\u2019t allow you to build something that\u2019s going to be a short-term rental. (Don\u2019t think you\u2019re going to set up a tiny home and make it a cute Airbnb! That probably won\u2019t be allowed!)<\/span><\/p>\n

Ok, now let\u2019s say you do get a good piece of land. Then you need to buy and\/or build the tiny house. <\/b>When people talk about tiny homes, they\u2019re talking about a 200-square-foot home on wheels. Buying these start at about $60,000, and they still need a water hookup and a way to handle the sewage. However, what I see more commonly is people spend more like $150,000 to $350,000 just for the tiny home. <\/span>(Check out this resource on Propel Studio about how much it costs to build a custom home.)\u00a0<\/span><\/a><\/p>\n

If you\u2019ve read all of this and you STILL want to buy land for a tiny home, I can connect you with a local real estate expert with in-depth knowledge on raw land who can guide you through the process. <\/b>Reach out to me here!\u00a0<\/b><\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

I get this question ALL the time. Get ready for some real talk!\u00a0 Let\u2019s just cut to the chase: You\u2019re not going to be able to buy land in Portland and put a tiny house on it.\u00a0 If you want to do this, you\u2019ll need to be outside Portland\u2019s city limits. And in fact, you\u2019re […]<\/p>\n","protected":false},"author":2,"featured_media":944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts\/921"}],"collection":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/comments?post=921"}],"version-history":[{"count":1,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts\/921\/revisions"}],"predecessor-version":[{"id":945,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/posts\/921\/revisions\/945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/media\/944"}],"wp:attachment":[{"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/media?parent=921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/categories?post=921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theportlandneighborhoodguide.com\/wp-json\/wp\/v2\/tags?post=921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}