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Pallet is making $7,500 prefab tiny homes that can be setup in 1 hour to help so...

 1 year ago
source link: https://finance.yahoo.com/news/pallet-making-7-500-prefab-131500605.html
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Pallet is making $7,500 prefab tiny homes that can be setup in 1 hour to help solve the homelessness crisis — see inside a unit at a Washington village

Brittany Chang
Sat, October 29, 2022, 10:15 PM·5 min read
Pallet tiny home shelter at the the Pallet shelter at Everett Gospel Mission in Washington.
Brittany Chang/Insider
  • Washington-based Pallet is building prefab tiny homes to provide shelter for people who are unhoused.

  • Its smallest $7,500 64-square-foot unit "Pallet 64" is now being used in villages across the US.

  • See inside a Pallet 64 at Everett Gospel Mission's tiny home village near Pallet's headquarters.

Bigger isn't always better, according to the rising interest in tiny homes.

A New Frontier tiny home sits in a clearing.
A New Frontier tiny home designed by David Latimer.Studio Bull/New Frontier Design

Tiny home sales skyrocketed during the peak of the COVID-19 pandemic.

A tiny home surrounded by nature
Shelby Wilray

Some consumers wanted to downsize their primary residences. Others wanted a separate office during the rise in remote work. A few people were even using tiny homes as a private backyard gym.

A white tiny home with green space
Courtesy of Adobu

Source: Insider

The public's love for this minimalist lifestyle was so high, a 330-square-foot home in Santa Cruz, California sold for over $1 million in 2021.

the entry of the home with a blue bench and red doorway
The 114 Mountain View Ave tiny home in Santa Cruz, California.Aerial Canvas

Source: Insider

Despite what you may see on social media, tiny homes aren't just reserved for the wealthy, influencers, people with large backyards, or hospitality companies.

Tiny house at night.
Michelle Boyle

Source: Insider

Now, they're being used to house those who need it the most: people without homes.

Brittany Chang/Insider

Over the last several years, tiny home "villages" that shelter people until they can find long-term housing have been popping up across the US with the help of government funding and nonprofits.

The tiny homes at the Chandler Street Tiny Home Village.Brittany Chang/Insider

And Washington-based Pallet is the brain and arm power behind the mass production of these little prefabricated homes.

Brittany Chang/Insider

Pallet's units are designed to shelter people who are unhoused because of natural disasters and personal struggles.

Brittany Chang/Insider

The Washington-based company currently prefabricates a 64-square-foot and 100-square-foot tiny home, bathroom, and office in its large factory space in Everett, Washington.

Brittany Chang/Insider

When completed, the units are flat-packed and shipped to the village's site. After an hour of assembly, Pallet's tiny homes are ready to greet their first occupants.

Brittany Chang/Insider

The smallest $7,500 "Pallet 64" is prevalent at many of these tiny home villages, which are often operated and paid for by both nonprofits and governments.


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