Do Pole Barns add Home Value? - Tru-Bilt Metal Buildings Southern Illinois (2024)

FAQs

Does adding a pole barn increase property value? ›

Adding a new pole barn to your property is a great way to add a significant amount of value to your home. Whether it is a garage shed, a workshop, a storage unit, or anything in between. It can be a great way to expand what is available on your property and therefore the overall value of that property.

Metal buildings are customizable and flexible

The design also makes it possible to move metal buildings from one place to another. These features can help upgrade or place buildings in a way that can increase the value of the property.

Steel buildings typically require less maintenance than wooden pole barns, as they resist rot, pests, and warping.

If you are not selling the property right away, it can be depreciated over the life expectancy of the barn if it is used for business purposes. Pole barns can be constructed from rough-cut lumber that is better for the environment.

Pole barn homes can be more difficult to heat and cool than traditional homes. This is because the pole barn construction does not provide as much insulation as a traditional home. As a result, pole barn homeowners may see higher energy bills during both the winter and summer months.

The Cons of Steel Construction

Unlike concrete and wood materials, steel is notorious for rusting in certain environments. Consequently, the costs of painting and maintaining a steel structure can be high. Steel can also be a conductor of heat, which means it needs to be adequately fireproofed.

Steel structures are less susceptible to damage caused by water, fire, termites, and other pests. This increased durability means that metal buildings have a longer lifespan than their wood or concrete counterparts, making them a wise long-term investment.

The Common Lifespan

However, the most commonly cited timeline is 40-60 years. But, that doesn't mean that after 40-60 years your pole barn is guaranteed to lose function or no longer be standing. In fact, it is possible that with the proper care, pole barns could last upwards of 100 years.

It is important to keep it mind that it is typically most cost-effective to build in 8-, 9- or 10-feet increments because of the standard spacing options for pole barn posts. For example, we would recommend building a 40' x 64' pole barn building versus a 40' x 60' version.

Are pole barn houses worth it? ›

But for pole barn homes, there's no catch. Pole barn homes might be cost-effective, but they're not shoddy. In fact, these simple, sturdy homes are generally more durable and low-maintenance than traditional homes.

Often, the value can be 50-80% of the cost of the barn itself, making it one of the best return-on-investments you can make for your property! It's important to remember that most new construction on any property, from home additions to pole barns to pools rarely increase the monetary value more than what they cost.

Pole barns are a great investment because they make storage much easier. If you have a lot of land and have a lot of agricultural machinery, a pole barn can give them a place to be easily stored. Agricultural machinery isn't cheap, sometimes single machines can cost over $100,000.

They can be more expensive than expected.

Things such as labor, materials, site prep and permits can quickly add to the cost of the project if you aren't careful. It's important to make sure that you keep track of all costs that will be associated with building a pole barn so that you can stay within your budget.

But the size, quality and function make a big difference! Many homeowners find that their pole barn can add $10,000 or more to their home property value. Often, the value can be 50-80% of the cost of the barn itself, making it one of the best return-on-investments you can make for your property!

Homes are valued and priced by the livable square feet they contain, and the more livable square feet, the better, says Benjamin Ross, a Realtor and real estate investor based in Corpus Christi, Texas. Adding a bathroom, a great room or another needed space to a home can increase function and add value.

Whether you want to sell your land or keep it, it's fair to say that by erecting a pole barn you will be significantly increasing your land's value, and therefore, pole barns are a very effective investment decision. You will likely receive a lot of offers for your land when you put one up.