For many, owning a home is a dream come true, but the realities of homeownership can sometimes turn it into a nightmare. Between the pressure of choosing the right location and the weight of mortgage payments, some homeowners even opt to sell their homes to alleviate the stress. Precious Price, however, found a unique solution to escape her mortgage bind.
Rather than giving in to the burdens of her mortgage, Precious transformed her backyard shed into a charming tiny home. And what makes this story even more remarkable is that this creative idea struck her during the pandemic. Before the global crisis, Precious had an arrangement where she rented out her primary residence while on business trips.
The rental income helped cover her mortgage payments. But when travel restrictions hit in 2020, Precious was forced to stay home and consider her options.
Looking at her large three-bedroom house, which had two and a half bathrooms, she made a bold decision. “I’m not too excited about paying my mortgage,” she confessed, admitting she had fallen behind on payments. The idea of keeping up with her mortgage payments without the steady Airbnb income felt overwhelming.
So, Precious embraced her artistic side and set out to transform her shed into a cozy, functional retreat. The result is a beautiful, efficient space that feels bigger than it actually is.
Her little home boasts a comfortable day bed, a compact yet functional kitchen, and a well-appointed bathroom with a stylish glass shower door that gives the illusion of more space. The loft bed is the cherry on top, ensuring a restful night’s sleep.
Named “The Cove Escape,” this project is a testament to Precious’s creativity and resilience. She now owns a tiny sanctuary that’s both practical and personal, proving that with ingenuity and determination, it’s possible to turn a difficult situation into a peaceful retreat.
