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Tiny Homes, Big Price Tag

Why would you pay over $1 million for a home that’s less than 1,000 square feet?

“Location, location, location,” said Candice Cerro, a spokesperson for Realtor.com. “The square footage might be small but it’s a trade-off for a gorgeous view or a fun location,” she said.

Realtor.com compiled a list of 10 homes that fit that bill. You might think they’re all in New York, home of the closet-sized apartment, but many are in vacation destinations like Hawaii, California or the Massachusetts harbor and often serve as a second home.

Check out these 10 tiny homes -- and see why they come with such a big price tag!

By Cindy Perman Posted 23 Nov 2010