For a budget of just a little over Php250,000 ($5,000), you can have this simple but functional 1-bedroom house that is quite perfect as a rental property or a starter home. Painted in grey, this prefabricated house is quick to build as long as you have access to the materials.

Its simple rectangular design with a lean-on shed appearance and flat room ensures that this home is fully functional but also be built even on a tight budget.

There’s even a small balcony up the front area that you can decorate with some plants to make this place feel homey and welcoming.

Simple Exteriors

This no-nonsense house has grey paint on the walls made of thick fiber cement sheets. The lightweight material is durable and even fire-proof but is much cheaper than a fully concrete wall with hollow blocks and steel bars.

The rectangular design allows for a more compact home with no wasted space.

See also: 10 Small Homes Design Ideas Simple yet Stylish

Compact Interiors

Since this house only occupies a very small space, expect the interiors to be small as well. But the compact interiors can easily have more space using multi-purpose furniture. You can have a sofa that converts into a bed at night, for added space.

The lone table in the room doubles as a study or work spot and dining area.

See also: Simple Native House at the Farm, With Beautiful Views of the Field

Expansion Options

Because of this house’s basic design, there’s always an option for expansion in the future as long as the lot still has space for it, that is.

See also: Dream House Design Ideas for Your Future Home

You can have multi-bedroom options as you knock down a portion of the wall to create a doorway to another room.

Multiple Houses

Great as a rental property, you can also create many duplicates of this home on the same lot.

See also: Minimalist One-Story House with Four Bedrooms & Lovely Interiors

The rooms can be interconnected, or you can opt to build several 1-bedroom houses set a few feet apart for the privacy of the occupants. You can also extend the roof to one side to create a carport.