The price of new homes in many cities and towns has skyrocketed in recent years, putting real estate out of reach for many would-be homebuyers.
However, there is still reason to hope you can buy a home and keep more money in your wallet.
The U.S. Sun recently ran a story about a $699 "tiny home" from Home Depot that stretches the definition of tiny. It looks like little more than a shed, but if you're looking for something truly tiny and have strong DIY skills, it could be just what you're looking for.
Here are some other unique backyard tiny home options available now from Home Depot that are ready for your backyard.
Editor's note: Prices and availability are subject to change and may vary by location.
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Bungalow Standard
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This tiny house resembles more of a single-family home than some of the more cramped quarters on this list.
It has two bedrooms, each with its own bathroom, and the home looks less boxy. It features just over 842 square feet of living space for $61,590.
Huntington Plus
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This model is tiny, even by tiny home standards. With just 96 square feet of living space, you'll have to design the layout of your home carefully to fit all the amenities you need.
A house of this size would probably only fit one person. The cost is $15,997.
Chill Out
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The Chill Out tiny house has a two-sided covered porch area — perfect for enjoying summer evenings outdoors.
And when you want to come inside, just over 305 square feet of open-concept living space awaits you. The cost of this one-bedroom, one-bathroom home is $22,999.
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The Balboa
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The Balboa is on the smaller end of tiny houses, offering just 96 square feet of living space.
However, with planning and ingenuity, this model could make a cozy home for one. It features a gable roof and a few windows, but the inside is essentially a blank slate for your imagination. The price is $21,999.
The Dallas
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The Dallas features the same minimalist footprint as the Balboa, and it also comes in at 96 square feet.
However, its shed roof and larger windows give it a more modern, comfortable vibe. It would be perfect for an ADU or tiny home for one person in the woods. The cost is $13,997 (on sale from $19,999).
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Bottom line
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With today's soaring real estate prices, tiny homes are looking less like a hipster fad and more like a legitimate housing option.
Whether you're looking to downsize, embrace a minimalist lifestyle, or simply stop living paycheck to paycheck, a tiny home can be a good choice for many individuals and families.
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