The appeal of Barndominiums is affordability, low maintenance, energy efficiency, multipurpose structure, with strong and durable construction. The reasons people choose barndominiums are as varied as the ways they decide to use the space. Many barndominiums are second homes or weekend homes, and for some, it is a transition or interim home.
Also alot of people are empty nesters who have had the big fancy homes in big fancy subdivisions. They are ready to downsize so they chose a "Barndo" as they are called for short! Some people buy land and build the Barndo and live in it while they are building a conventional home.
My inlaws told us they would give us 5 acres, so my husband and I are acutally thinking about the "Barndominium".
I think it would be a perfect solution for us soon to be empty nesters!
And look at this one....I could live here!
A Barndominium living square footage cost will range from 25% - 50% less than a conventional home according to W. D Metal Buildings. There are two ways customers build-out thier Barndominium inside living quarters with WD Buildings:
- Hire a general contractor that specializes in Barndominium build-outs.
- Act as their own general contractor and hire sub-contractors to do their build-out.
In my opinion the second option is appealing if you are paying as you go type build.
Here are some pros and cons for Barndominum building :
Most Barndominum's won't qualify for conventional financing because they don't qualify as a house. As they gain in popularity they will probably have more financing options.