Perhaps the children are gone and you are downsizing, or maybe you just looking to have a simpler lifestyle. One option is a “small home.” In a Networx article interviewing Jay Schafer of Tumbleweed Tiny House Company, you can learn about the ultimate in remodeling – building your own very small, eco-efficient home. Tumbleweed Tiny House Company, offers pre-fabricated houses starting at $40,000, or you can buy plans from the company and build your own. If you're lucky enough to live in Portland, Oregon, you live in a city with a dedicated tiny home builder, Portland Alternative Dwellings.
You do need to be aware of state laws. Some states so not allow buildings under a certain square footage according to the article’s author, in an attempt to discourage inappropriate rental practices and vagrants living in shacks. So, be sure you check your state laws before you call in a contractor to start building.