According to Zillow, the median price of homes listed in North Carolina is $249,900, equating to a mortgage payment of $1,073 a month. Thanks to Keyo Development, Charlotte residents have a unique alternative: Tiny homes start at $89,000 with mortgages of under $500 a month.
Keyo Development’s Kelvin Young is developing the area’s first tiny home subdivision in Charlotte. The community will have 59 lots ranging from 493 to 1,000 square feet on the 20-acre site.
These tiny houses will be built on foundations and have upscale features such as granite countertops and high ceilings.