Tuesday, April 24, 2007

Home Depot Introduces its own line of Micro Homes

By Mark J. Donovan

Apparently the Katrina cottage is gaining popularity throughout the country. Initally Lowes developed these micro-homes for displaced residents of the New Orleans area. However, national interest and demand is growing for these micro-homes. So much so that Home Depot has just announced its line of Katrina cottages.

Both Lowes and Home Depot plan on offering plans and building materials for these micro homes. Each offer a variety of plans for homes between 500-1000 sqft, with a price tag of between $25,000 and $50,000.

With large stick built home building costs well exceeding $100 per sqft, the micro home just may be the future in affordable housing, particularly as lot sizes shrink in populated areas.

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