Competitive Analysis: Tiny Home Market
Montainer is one of the more popular entrants in the tiny home market. It offers a relatively low price point for container homes. According to its website, a base module in the form of a recycled and refurbished shipping container is only $65,000, well below the price of even the most inexpensive homes, and installation runs $10,000-$20,000. The homes can be located anywhere the customer has land and can secure a permit. "We determine exact installation costs for your site including connection to utilities whether you are [sic] access to power, city sewer and water or well and septic system. Solar panels are also an option that we provide." ("FAQ," 2016). The shipping containers are relatively Spartan, however and a more realistic target market may be individuals who want vacation homes or temporary office spaces although according to Montainer, "Montainer wants to sell its homes to mainstream buyers who otherwise could not afford to buy a house" (Davis 2015).
Tiny Home Builders produces tiny homes on wheels, enabling the owners to drive them anywhere. Unlike Montainer, the owners of these tiny homes do not even need to purchase a piece of property. This would make it less attractive to young families with children or stable jobs that need to be rooted in a particular town but would be suitable for empty nesters or people seeking a second home for outdoor adventures. The company heavily markets itself to hands-on, DIY types and...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now