Are you considering a barndominium as your next home? This increasingly popular type of rural housing offers a unique way to reduce living costs and have the convenience of living close to nature. Despite its many advantages, prospective buyers must be aware of some potential disadvantages before purchasing.
Pro: Lower Maintenance Costs
Barndominiums are becoming increasingly popular among rural buyers, and with good reason. These unique hybrid homes offer homeowners a large, open-concept design that can be customized to their lifestyle needs while often having lower maintenance costs than traditionally built homes.
Structurally, barndominiums have a metal frame leaving homeowners to take care of the interior once complete. This means no shingles to replace or painting exterior walls. Barndominium living can come with long-term savings in terms of ongoing exterior upkeep.
Con: Financing May Be Challenging To Find
Building a barndominium can be an excellent idea due to its versatility and customizable nature, but financing the project with a conventional mortgage may not be an option. This is because a barndominium isn’t classified as a house, and there is little comparable sales data for appraisals. Your lender will be able to discuss the best financing options with you.
Pro: High Level of Customization
Barndominiums have become increasingly popular due to their ability to customize for almost any purpose. They are ideal for those who need more space or are looking for a blend of personal living quarters and workspace/entertainment.
Barndominiums can be transformed into custom suites with modern amenities like gyms, pools, offices, and other large workspaces. Plus, barndominiums offer plenty of creative layout ideas you wouldn’t find in an ordinary condo or home, like bar areas and open-concept living spaces that make the whole house feel connected.
Con: A Smaller Pool of Buyers If You Decide To Sell
While barndominiums offer unparalleled levels of customization for the current owner, this feature can sometimes be a tough sell for buyers. Barndominiums can be difficult to translate from the current owner’s particular tastes to potential buyers, who may not be able to see themselves in the home. Take the time to depersonalize the home and promote the benefits of barndominium living.
Consult With The Professionals At Merchant of Homes
Building or purchasing a barndominium is a significant investment, and the experts at Merchant of Homes can help make it a smooth and successful process. We have years of experience in buying and selling unique rural properties.
When you enlist Merchant of Homes’ help, you’ll have the comfort and reliability that comes with working with a trusted real estate agent who cares about finding a home that meets all your needs and answers all your questions.