Exploring the Pros and Cons of Barndominium Living - Yoder Real Estate (2024)

Have you ever wondered how you can sleep and cook a meal next to your bales of hay or how about parking your tractor next to your dining room table?

In the past, houses and barns were distinct structures, but the concept of the Barndominium has changed that. A Barndominium combines the functionality of a traditional barn, where you store vehicles, equipment, and feed animals, with the comforts of a living space, including areas for sleeping, cooking, and relaxing.

Before you embark on building a Barndominium, it’s essential to consider the various aspects. In this post, we’ll explore the good, the bad, and the ugly of building and living in a Barndominium.

What is a Barndominium?

Also known as a “barndo,” a Barndominium is an open-concept building typically made from metal or wood. It integrates living quarters with a workspace, creating a unique and versatile living arrangement. While the living area offers all the amenities of a regular house, the working area can range from simple storage to a full-scale workshop.

Pros of Barndominium Living:

1. Endless Design Possibilities: Barndominiums offer open spaces akin to warehouses, providing a canvas for creative interior design.

2. Affordability: Barndominiums are generally more cost-effective than traditional homes, making them an attractive option for budget-conscious individuals.

3. Energy Efficiency: With proper insulation and construction, barndominiums can be highly energy-efficient, leading to reduced utility costs.

4. Longevity: Although they may not last as long as traditional homes, a well-maintained barndominium can provide comfortable living for around 50 years.

5. Durability: Barndominiums are built to withstand the elements, ensuring they remain sturdy and reliable over the years.

Cons of Barndominium Living:

1. Limited Appreciation in Value: Barndominiums may not appreciate in value as rapidly as traditional homes, which could impact their resale value.

2. Appraisal Challenges: Due to the scarcity of comparable properties, appraising a Barndominium can be complex, potentially affecting the financing process for potential buyers.

3. Financing Difficulties: Securing financing for a Barndominium can be more challenging than for a conventional home, as many banks may not offer specialized loans for this type of property.

4. Potential Resale Challenges: The unique and customized nature of Barndominiums may limit their appeal to a broader market, potentially making them more challenging to sell.

5. Zoning Restrictions: Barndominiums may not be permitted in urban or densely populated areas due to zoning regulations. They are typically more common in rural settings with more relaxed building codes.

In summary, Barndominium living offers a unique blend of practicality and creativity, but it’s important to carefully consider both the advantages and potential drawbacks before making a decision.

Exploring the Pros and Cons of Barndominium Living - Yoder Real Estate (2024)

FAQs

What are the pros and cons of living in a barndominium? ›

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.

What is the life expectancy of a barndominium? ›

Proper insulation and high-quality roofing materials can also extend the life of the structure. Depending on the materials used, a well-maintained barndominium can last anywhere from 50 to over 100 years.

Are barndominiums prone to mold? ›

Barndominiums offer a blend of rustic aesthetics and modern living that appeals to many homeowners. However, like any other type of construction, they are susceptible to mold growth if not properly designed, constructed, and maintained.

Is it cheaper to build a barndominium or a house? ›

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.

Are barndominiums hard to sell? ›

**Selling Challenges and How to Overcome Them**

Initially, barndominiums faced skepticism from traditional homebuyers and real estate professionals due to their unconventional nature. Concerns about financing, insurance, and resale value were prevalent, potentially making them harder to sell.

Are barndominiums bad investments? ›

In summary, barndominiums make wise value investments thanks to lower initial costs per square foot, flexible use cases, and rising property demands over upcoming years as inventories remain limited. Position your unique barndominium advantageously to reap financial returns for the decades ahead!

What is the problem with barndominiums? ›

High Maintenance: Barndominiums often feature metal exteriors, which can require more maintenance than traditional siding materials. Metal siding may rust or require repainting over time, adding to the long-term upkeep costs.

What do I wish I knew before building a barndominium? ›

Here are the most important things to know about building a barndominium.
  • Obtain a permit for your project. Photo by Bridger Steel, Inc. ...
  • Test the paint. Photo by Justin Doyle Homes. ...
  • Prepare for surprise costs. ...
  • Plan for electrical work. ...
  • Choose your windows and doors wisely. ...
  • Add insulation—it's important.
Mar 14, 2022

Is rain loud in a barndominium? ›

The most common metal roof options for barndominiums are corrugated galvanized steel or exposed-fastener panels. Corrugated panels in particular amplify noise as rainwater runs down the valleys and ridges. Flat, concealed-fastener metal panels offer a quieter alternative.

What is the most expensive part of a barndominium? ›

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.

Are barndominiums hard to insure? ›

Insurance can be complicated for barndominium homes. According to Barndominium.org, not all insurers cover barndos, especially if they're mixed-use instead of residential only, and those that do might have barndo-specific policies.

Why are barndominiums hard to finance? ›

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.

Are barndominiums hard to heat and cool? ›

Barndominiums, living spaces converted from metal buildings, can present cooling challenges compared to conventional homes due to their distinct construction and design. Unlike traditional homes made from insulating materials, barndominiums often feature thin metal walls that lack the same insulation capabilities.

Is it hard to insure a barndominium? ›

Insurance can be complicated for barndominium homes. According to Barndominium.org, not all insurers cover barndos, especially if they're mixed-use instead of residential only, and those that do might have barndo-specific policies.

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