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Local business addresses rising housing costs in Utah by building small homes


The housing market in southern Utah is facing challenges as prices continue to rise. Elliot Taylor, a recent college graduate, is struggling to find an affordable home despite landing a job as an engineer. Real estate prices are impacting businesses like RAM Aviation, Space and Defense, making it difficult to attract and retain employees in St. George.

To address the issue, Washington County is considering solutions such as permitting tiny homes in certain areas. Zillow found that Utah home prices have nearly doubled in value compared to 8 years ago, with the average home now costing over half a million dollars. In response, BoxHouse, a Utah-based real estate development company, is offering compact modern housing options with homes starting under $100,000.

However, zoning challenges and financing obstacles are slowing down the process of making affordable homes available to those in need. Despite these challenges, companies like BoxHouse are hopeful that solutions will be found as demand for affordable housing continues to grow.

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