Are Barndominiums Worth the Money?
Barndominiums have surged in popularity for their spacious, customizable homes at budget-friendly price points. But are these barn-inspired dwellings truly worth the investment compared to traditional homes? Let’s weigh the pros and cons.
Benefits that Support Barndominium Value
Cost Savings – Barndos can be $100+ per square foot cheaper than conventional construction, with savvy DIY builds even more affordable. You get more space for the money.
Customization – Unlike production homes, you control the floorplan and finishes. Design your ideal living space.
Energy Efficiency – Metal envelopes and modern HVAC systems make barndos incredibly energy efficient.
Durability – Steel structures withstand weather, pests, mold and fire far better than stick builds.
Appreciation Potential – Barndos have passionate followings. As demand rises further, so may resale values.
Drawbacks to Consider
Rural Locations – Ideal barndo lots aren’t always close to conveniences which can deter some buyers.
Financing Limitations – Mortgages are improving but still lag traditional home loans. Significant cash investments may be required.
Codes & Permits – Outdated regulations in some areas complicate barndo approval. Patience is key.
DIY Expertise – Maximize cost savings by building yourself, but this requires skills and time. Hiring contractors offsets some savings.
Resale Uncertainty – Non-typical homes like barndos carry more risk of resale gaps than conventional houses.
Barndominiums make sense for those valuing rustic customization and budget-conscious space over neighborhoods and turnkey convenience. Go in eyes wide open to financing and construction realities. But for many, the reward of a completely personalized home is well worth the tradeoffs.
The bottom line – when planned properly and built with realistic expectations, barndominiums can deliver excellent value, especially for hands-on owner-builders willing to take on a non-traditional project.