THIS YEAR THE MADISON HOUSING MARKET HIT HISTORIC
WITH AVERAGE PRICE OF A SINGLE-FAMILY HOME RISING
TO PRE-RECESSION COSTS.
NEARLY 250-THOUSAND DOLLARS.
AND ACCORDING TO THE U-S CENSUS, THE MEDIAN HOME SIZE
ACROSS THE COUNTRY IS JUST SHY OF 25-HUNDRED SQUARE
BUT AS OUR DANNIKA LEWIS FOUND OUT.
A GROWING NUMBER OF PEOPLE ARE GOING AGAINST THE REAL
ESTATE NORMS -LIVING IN A FRACTION OF THE SPACE.
FOR A FRACTION OF THE PRICE.
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NATS - Tiny House Hunter show
1 VO TRACK
IT'S YOUR CLASSIC CHICKEN OR EGG KIND OF QUESTION...
WHAT CAME FIRST...
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NATS - Tiny House Hunter show
2 VO TRACK
OR A COURSE.
2 SOTW4 42
JOHN STEPHANI/MADISON COLLEGE CONSTRUCTION AND REMODELING
PROGRAM DIRECTOR AND INSTRUCTOR: 44__ ...it's a big
But where do you go and find tiny homes? 58
3 VO TRACK
IN A MODEST LOT ON COMMERCIAL AVENUE...
THERE ARE NO CELEBRITY RENOVATORS OR HOUSE-HUNTERS...
NATS - construction
JUST STUDENTS AND TEACHERS...
LIKE JOHN STEPHANI.
4110 Not a lot of people know that we're here.
that you can come and be a carpenter.
4 VO TRACK
THE MADISON COLLEGE CONSTRUCTION PROGRAM HAS BEEN
AROUND FOR MORE THAN THIRTY YEARS.
AND STEPHANI SAYS THEY'VE BEEN BUILDING A VERSION
OF SO-CALLED TINY HOMES FOR TEN OF THEM.
LONG BEFORE REALITY T-V CAUGHT ON.
421_ They are really a great fit for what we do.
QUICK AND COMPACT, BUT STILL REQUIRING SOLID WOOD
A PERFECT TEACHING TOOL.
BUT STEPHANI ADMITS WITHOUT THE BUZZ BEHIND SMALLER
SQUARE FOOTAGE, THEY WEREN'T EASY TO GET OFF THE LOT.
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JOHN: 5316 what is it? It's not real estate because
it's not attached to the ground.
So it's essentially a giant, durable good.
LUCAS KETRYKOWSKI/STUDENT: 584_ I would like to
build my own tiny house.
NOT QUITE AS TINY AS THE SHED HE'S WORKING ON...
BUT LUCAS KETRYKOWSKI IS READY TO GIVE UP A 26-HUNDRED
SQUARE FOOT HOME.
FOR ABOUT A QUARTER OF THAT SPACE.
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00__ once the tiny house is complete, I'll park it
there, and then rent out the house.
NIXING A MORTGAGE PAYMENT AND ADDING AN INCOME SOUNDS
LIKE A PRETTY GOOD PLAN.
ESPECIALLY WHEN THE AVERAGE DANE COUNTY HOME COSTS
ONCE YOU GET SEPTIC, ELECTRIC, AND WATER RUNNING TO
ONE OF THESE.
THE TOTAL IS LESS THAN HALF.
WITH LOWER ENERGY COSTS AS WELL.
JOHN: 482_ then they'll spend a little extra money
on the amenities in the house.
BECAUSE STAPHANI SAYS FOR
THE MODERN, YOUNG HOME BUYER...SIZE
ISN'T AS MUCH OF A STATUS SYMBOL.
JOHN: 46__ I want just enough house to live in because
it would decrease my carbon footprint.
41 You know, they're really saavy that way.
SOME OF THE CLASS' TINY HOMES WERE SOLD TO MILLENIALS.
BUT OTHERS ARE GOING TO RETIREES READY TO DOWNSIZE.
JOHN: 464_ they're kids have all moved out, they're
living in a big house, and we don't need this anymore.
MOST OF THE HOUSES BUILT *NOW WILL GO TO THE GARVER
FEED MILL PROPERTY BEHIND OLBRICH GARDENS.
TINY HOUSE MOTEL
JOHN: 444_ there's a need there.
But they also saw an opportunity for lots of people
to try tiny homes.
LUCAS: 0032 A lot of people think that living in
a tiny house is not realistic, but once they tour
a tiny house and check it out, I think they realize
that it's very possible
AND IT'S ALSO VERY POSSIBLE THAT WE'LL SEE THESE SMALLER
FAR PAST ANY TREND.
JOHN: 5252 Is it a fad? Yes.
But I think it also is a sign of a movement towards
downsizing in homes.
IN MADISON, DL, WISC NEWS 3.
STEPHANI SAYS BUYERS OF TINY HOMES.
TEND TO SPEND A LITTLE MORE ON THINGS LIKE BETTER
COUNTERTOPS, NICER BATHROOMS, AND MORE ADVANCED KITCHEN
BY THE WAY.
MADISON COLLEGE'S CONSTRUCTION AND REMODELING PROGRAM
IS ALWAYS LOOKING FOR ENROLLEES.
AND STEPHANI SAYS STUDENTS HAVE GOOD PAYING JOBS RIGHT
OUT OF THE ONE-YEAR PROGRAM.