Cost to Build Barndominium (2024)

FAQs

Cost to Build Barndominium? ›

According to HomeAdvisor and Angi, the cost to build a barndominium ranges from $112,800 to $540,000, with an average cost of $265,000.

The cost to build a barndominium is $65 to $160 per square foot or $130,000 to $320,000 on average for a 2,000 SF home. Barndominium prices depend on the size, materials, and interior finishes chosen. Barndominium kit prices are $20 to $35 per square foot for materials only.

How big of a barndominium can I build for $200K? On the high end, barndominiums have an average cost of $150 per square foot. At that price, you can estimate a building of around 1,333 square feet for $200,000.

Steel framing, popular in barndominium construction for its durability and resistance to pests, can be more expensive than traditional wood framing. Framing costs can range from $20 to $50 per square foot, making it one of the most significant portions of the construction budget.

The most common estimate asserts that a new barndominium with basic amenities will cost about $30 to $40 per square foot to build, compared to the cost of building a traditional home is around $100 to $200 per square foot.

Pros of barndominiums include a cheaper cost, fully customizable space, and lower maintenance. They're also highly durable with lots of extra room and are a more eco-friendly housing option. Meanwhile, cons include higher upfront costs, difficulties finding financing, and not all cities allow them.

Crafting a Barndominium on a $100k Budget

To answer the title right out of the gate, A small one, With a budget of only $100k assuming you have property cleared prepped and ready you would most likely be looking at a 1000sqft barndominium or depending on the material you use maybe a sub 1000sqft dwelling.

Barndominiums normally retain their resale value and may even increase in value gradually, although more slowly than a standard home. However, these homes are still rare in some parts of the country, and it may be challenging to get an accurate appraisal in an area where there are few.

How Long Do Barndominiums Last? As long as you keep up with the occasional maintenance of the roof and siding, you can expect to enjoy your barndominium for 50 years or possibly even longer.

Why not build a barndominium? ›

The open, industrial design of barndominiums may not provide the same level of privacy as traditional homes. Sound can travel easily within the space, making it less suitable for individuals seeking a quiet and private living environment.

Lenders may perceive them as riskier investments due to their unfamiliarity with the structure and potential resale value. – Appraising barndominiums can be tricky because there are fewer comparable properties (comps) available. This can lead to lower appraisal values, making it harder to secure a loan.

Insuring a barndominium does require a specialized approach due to its unique characteristics, but don't let that keep you from following your plan of building your dream Barndominium because finding an insurance company that deals in barndominiums isn't all that difficult, it's typically a google search away like ...

Barndominiums can be louder than traditional homes during rainfall, primarily due to their metal roofs. However, the degree of noise can be significantly mitigated through strategic construction choices, such as quality insulation, soundproofing techniques, and thoughtful interior design.

Yes, generally, it's possible to build or buy an existing barndominium with a VA loan. The barndominium must meet the minimum property and occupancy requirements set by the VA, along with other guidelines. A VA loan requires that the property being purchased is being used as a primary residence.

Constructed with metal, a barndo offers superior protection from severe weather. The steel structure of a steel barndominium has a higher wind resistance than a conventional wood frame home. While the metal integrity of your home can endure a tornado, the windows and doors may not.

That range puts the average price for a finished barndominium build in Ohio around $185 per square foot . For a quick price comparison, here's a breakdown of the cost per square foot in different construction stages: Barndominium kits (materials only): $20 to $35. Basic steel barndominium shell installed: $60 to $150.