Barndominium Pros and Cons: Is a Barndominium Worth It? (2024)

Barndominium Pros and Cons: Is a Barndominium Worth It? (1)

Are you ready t o build a barndominium but trying to weigh the pros and cons of building a barndominium? You are not alone! This article will give you an in-depth look of the pros and cons of barndominiums.

Page Contents

Barndominium Pros and Cons at a Glance

Pros

  • Cheaper and quicker to build than conventional houses
  • Barndominium kits simplify the building process
  • Flexibility in space management
  • Lower maintenance requirements
  • Lower insurance costs and associated taxes

Cons

  • Financing a barndominium can be very hard or impossible to find at all.
  • A smaller pool of buyers due to high customizationif you decide to sell

What is a Barndominium?

Barndominiums are a relatively new trend in the world of housing. Essentially, they are metal buildings that have been repurposed into living spaces. What makes them different from traditional homes is that they often contain large open spaces with high ceilings, giving them a loft-like feel.

Additionally, many barndominiums feature elements like exposed beams and industrial-style finishes, which add to their unique aesthetic. While they may not be for everyone, there’s no denying that barndominiums offer a fresh take on the idea of home. If you’re looking for a space that’s both rustic and modern, a barndominium might just be the perfect fit for you.

Pros of Building a Barndominium

Barndominium Pros and Cons: Is a Barndominium Worth It? (2)

Flexible Layout

A benefit of building a barndominium is its flexible layouts, including open-floor concept spaces that allow for seamless entertaining and quality family time. Not to mention the freedom to customize the interiors to your liking and create a space that truly reflects your personality.

Cheaper Home Build Option

Barndominiums are a cheaper home build option because barndominiums are typically built using a metal frame which is cheaper and easier to construct compared to traditional wood framing. Additionally, because the structure is designed to serve both as a living space and a workspace or storage area, the construction cost per square foot is significantly lower. Also, barndominiums are often designed with open floor plans that allow for greater flexibility in the use of space, eliminating the need for interior walls and reducing construction costs.

Lower maintenance requirements

Barndominiums, which are typically constructed with a metal frame, do not suffer from insect damage to the same extent as traditional homes built with wood frames. Insects like termites and carpenter ants can cause significant damage to wooden structures, but they are less likely to be attracted to metal. Besides, using beams to secure the home prevents the movement of the foundation and limits the need for foundation maintenance. As a result, barndominiums may require fewer maintenance calls, saving homeowners money.

Lower insurance costs and associated taxes

Many barndominiums are great builds for energy-efficient systems, allowing homeowners to qualify for tax credits or deductions, such as solar panels or insulation. Since a barndominium is safer and has less inwall plumbing, insurance may be cheaper than your traditional home.

Energy efficiency

With today’s cost of living literally shooting through the roof, any reasonable homeowner will no doubt welcome an energy-efficient abode. Barndominiums are energy efficient! All over the world, many people who live in barndominiums report much lower utilities, especially when it comes to power and heating.

Barndominiums are safe

When deciding on a style of home, safety is almost always the number one priority. One of the first questions people ask when they find out that barndominiums exists is, “Are barndominiums safe?

We know that barndominiums are constructed with a metal frame, often made of steel, which offers several benefits when it comes to safety. One of the primary advantages is the added durability and protection from harsh weather conditions, such as tornadoes and high winds. Steel is a robust material that can withstand extreme weather events, and many barndominiums have been used as storm shelters in areas prone to tornadoes.

Cons of Building a Barndominium

Barndominium Pros and Cons: Is a Barndominium Worth It? (3)

Barndominium Exteriors Are Not Traditional

While barndominiums have gained popularity in recent years, it’s important to note that their unique exterior style may not be for everyone. Barndominiums are often designed to resemble a barn or industrial building, with metal siding and a simple, functional appearance. Some people may prefer a more traditional or ornate exterior style, which may not be achievable with a barndominium.

However, for those who appreciate the rustic charm and practicality of a barndominium, the exterior design can be a perfect fit. Ultimately, it’s up to each individual to decide what type of home exterior best suits their personal taste and lifestyle.

Barndominium Pros and Cons: Is a Barndominium Worth It? (4)

Conventional mortgages won’t likely be an option.

According to some new barndominium owners around the country, a major drawback is just how limited your financial options may be. Technically, barndos are not classified as houses. As such, getting conventional mortgage loans can prove difficult,if not impossible. Our financing a barndominium guide can help you find the right loan for you.

Harder To Resell

Typically, barndominiums sell at the value they are currently worth – just like regular houses. However, there are a few differences that make them much harder to sell. In many cases, a barndo will be highly customized to fit the needs of the current owner.

This customization could be reflected inthe overall interior design or even the kind of amenities within. One person could be using their barndoas a fully furnished home while another wants to incorporate commercial functions as well.

Our barndominium for sale marketplace can help you find the perfect buyer when you are ready to sell.

Barndominium Pros and Cons: Is a Barndominium Worth It? (5)

Conclusion

While these are just a few barndominium pros and cons that come with owning and living in a barndominium such as insulating the structure for temperature control and securing financial backing – these issues can be overcome with careful planning and research into available resources.

If you would like more guides like this one, check out the rest ofBarndominiumLife.com. There, you will find more helpful tips and tricks from the pros. You will also findfeatured barndominiums, barndominium floor plans, and information on financingand insurance. Knowing as much as you can will help you get the best results for your dream home.

Barndominium Pros and Cons: Is a Barndominium Worth It? (2024)

FAQs

Barndominium Pros and Cons: Is a Barndominium Worth It? ›

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 downside of barndominiums? ›

Barndominiums May Lack Adequate Sound Insulation

A drawback worth mentioning about barndominiums is their potential for loudness. The primary material used in their construction is typically a thinner metal, which doesn't provide an effective sound barrier against outside noises.

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 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.

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.

Why shouldn't you build a barndominium? ›

List of the Cons of a Barndominium
  • Barndominiums are not immune to corrosion. ...
  • There is still a cost element to consider with barndominiums. ...
  • Some cities may not allow you to build a barndominium. ...
  • Most barndominiums are single-story homes. ...
  • You don't receive the same perks as you would with the typical condo community.
Dec 30, 2023

What is the lifespan of a barndominium? ›

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.

What is the most expensive part of building 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 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!

Are barndominiums worth the money? ›

Barndominiums can make fantastic homes for a fraction of the cost of traditional homes. This makes them an especially great option for those looking to purchase: A large home for less.

Why can't you finance a barndominium? ›

Appraisal and Valuation Issues

One of the most significant hurdles in securing financing for a barndominium is the challenge of obtaining an accurate appraisal. Banks require appraisals to determine the property's value, which in turn, informs their lending decisions.

How hard is it to get a loan to build a barndominium? ›

Difficulty obtaining USDA loan: Though far from impossible, obtaining a USDA loan for a barndominium may be challenging. Many USDA lenders are unfamiliar with these structures and may be reluctant to finance their purchase.

Do barndominiums hold their value? ›

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.

What are the downfalls of barndominiums? ›

If you're considering building or buying a barndominium, consider this list of downsides before you sign your name on a dotted line:
  • Location Limitations. ...
  • Financing. ...
  • Corrosion. ...
  • Noise. ...
  • UV Exposure. ...
  • Wiring Challenges. ...
  • Reselling.
Oct 19, 2022

Do barndominiums get struck by lightning? ›

So while barndominiums do carry a slightly elevated lightning strike risk compared to traditional stick-built homes, the damage is unlikely and very rare, especially with the proper lightning rod and grounding precautions installed that are highly recommended in rural locations.

Are barndominiums loud when it rains? ›

Noisier Living

Because barndominiums are typically built with metal or steel, they transfer sound more easily—especially when it's windy or raining.

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.

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