HOME Depot has begun catering to those who want more space at home or want to start their tiny home journey.

More and more people are opting to convert tiny dwellings into their full-time homes as rent prices soar and sustainability becomes key.

While some people have converted buses, sheds, trailers, and camper vans into small homes, Home Depot is now selling its very own DIY tiny homes.

One of the models comes with a lot of indoor space and an outdoor deck area.

The Bungalow Raised Loft kit is selling at Home Depot for $46,997.

The kit home is 1,426 square feet and comes with two bedrooms and two bathrooms.

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Once constructed, the open-plan living space allows for a number of dedicated spaces such as a dining area and the kitchen.

It also gives the added benefit of feeling even more spacious by not having walls and doors take up valuable room.

The front doors are provided with a bit of shelter from the patio cover which gives the entrance a rather grand feel.

According to Good House Keeping, the bungalow can be constructed in just seven days.

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According to Plus 1 Home, the creator of the kit, the steel skeleton of the Bungalow Loft takes around five days to build with three or four people.

Plus 1 Home Kits states: "The steel frame structure is highly adaptable, durable, and strong.

"Spaces have been allocated to pave the way for creativity and customization.

"A separate kitchen and dining area can be made possible through the installation of an island or dining room table."

It adds: "This 2 bedroom 2 bathroom steel frame home structure is a comfortable size for a stylish new home.

"With a patio cover over the front doors and a loft which can be used for a bedroom or office."

Steel frame buildings carry a number of benefits including no issues with termites, mold, rodents, or bugs.

The metal frame also makes the building fire-resistant, corrosion-resistant, and recyclable.

"All our steel frame kits are engineered to withstand harsh climates, including cyclones and hurricanes," according to Plus One Home Kits.

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However, those hoping to live permanently in the small structure will have to be careful with local laws and construction requirements.

If owners do not consider this, they could very quickly find themselves becoming one of the many tiny home horror stories.