Barndominiums have become super popular in recent years as more and more homeowners have been looking for alternatives to traditional home construction. With the rising costs of construction and materials, barndominiums provide a cheaper option that many homeowners find appealing. Here are some of the pros and cons of building a barndominium in today's economy.
Pros:
Save on costs: Barndominiums are typically smaller and require less materials and labor than a traditional home construction project. They also can take less time to construct which can help to reduce costs.
Less maintenance: Barndominiums typically are less maintenance, especially if they are constructed from steel and other metal materials.
More energy efficient: The open floor plans that barndos typically have made it much easier to heat and cool the inside of your home and to light it as well. Additionally, many barndos use spray foam insulation which does a great job of regulating interior temperatures.
More freedom with floor plans: Floor plans in barndominiums are typically less restrictive because there is no need for load-bearing walls. More open floor plans, lofted bedrooms, and the ability to have your living quarters share a roof with a workshop, art studio, or home office is extremely convenient for many, and one of the greatest perks of choosing a barndo instead of a conventional home.
Cons:
Harder to find financing: Barndominiums typically do not qualify for conventional home mortgage financing. Although there are still plenty of other financing options available, you may need to put in more effort when it comes to financing your barndominium construction project.