A lot of people dream about living in a large, roomy house with 4 bedrooms, 5 bathrooms, and a huge kitchen. Still, others dream of living in a tiny one room house - and this is it. And when we say tiny, we mean TINY.

This  particular house is112 square feet and sits on a 8' x 16' trailer. It's complete with all the comforts of home - except for, uh, room. But, the price is right at  under $50,000.

This might be great for a single individual, but is completely out of the question for families - and probably not the best idea for couples. This would even be to small for Bilbo Baggins. I'm not sure I like the idea of going to the bathroom -- in the kitchen.

Take a look at these three sets of people who explore the possibility of living in a tiny house.