Small spaces

Living in small spaces – terminology, concept, and functionality

Dear L Think Crew:

Are you fascinated by the concept of small homes? Well, I sure am. I’ve been reading about this topic for a few months and thought I would share some great facts about this trend that is taking urban centers by storm.

The terminology of ‘small’
There are so many different terms currently used to describe small spaces such as micro-pads, small apartments, tiny condos, Lego-style apartment, micro-apartments, micro-suite, pico-dwelling, and more. My favorite term to describe small living spaces is micro-pads because it reminds me of a stackable set of blocks that have padding on them. Oh, what fun!

The art of living small
With the 2008 economic downturn, many people lost their jobs or suffered wage freezes or cuts. This got people thinking about living in smaller spaces, lower rent, proximity to necessities, and only purchasing what you truly need. In addition, the increasing costs of an urban dwelling driven by market demand for a finite number of living spaces has forced many urbanities to think about their needs – location, size, or cost.  Many have also started touting the positive environmental impact of smaller spaces – reducing your carbon footprint, more sustainable by using only the necessary heating and cooling supplements.

How small is small?
Most Canadian condo developers have started to follow this trend that has already taken Hong Kong and New York by storm. New York’s self-professed smallest apartment is only 78 square feet for only $800 per month in rent. Canadians enjoy the concept of more space so Montreal’s smallest available new condo is a spacious 286 square feet for only $108,000, while Toronto has a cavernous micro-suite of 289 square feet.

What do you do with all that space?
Well, if you’re sold on the concept to small. Ikea and a myriad of other retail stores can help you decorate your tiny pad. Interior designers have taken up the challenge by combining form and function with multi-purpose, multi-functional furniture pieces. The best tips are think like a minimalist, adapt items for dual purpose use, and be flexible.

Would you choose location, size or cost?
We would love to hear your thoughts! Leave your comments below or on any of our channels – YouTube ChannelFacebookTwitter, or Google+.

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