0000 Will a Pole Barn Increase My Property Value?
Will a Pole Barn Increase My Property Value?
Angie Dobson

By: Angie Dobson on May 2nd, 2017

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Will a Pole Barn Increase My Property Value?

Posts  |  Building Tips  |  Cost

It’s safe to say that man caves and she-sheds are in style...unless you’ve been living under a rock. Television networks, specifically HGTV and FYI, are premiering series following the rise of this trend. Insurance companies are poking fun at the movement. Poor Cheryl!

With all this hoopla, we don’t blame you for wanting a man cave or she-shed. In fact, we’ve had customers consciously save their money for this very reason. Picture this: a custom 56' x 80' x 14' hobby shop equipped with a deluxe kitchen for her social gatherings or storage room for his fishing equipment and boat. Let’s be real...who hasn’t thought about having a special place to relax and escape from a busy life?

Have you given much thought as to how your future pole barn will affect the property value? It’s a major consideration when planning and designing your next post frame project.

In this article, we’ll discuss the following items:

  • How much a pole barn costs
  • How post frame design affects your property value
  • How you can maximize your pole building's value

As a professional builder, our goal is to provide information that’ll help decide if a pole barn is a right choice for you.

 

How much does a pole barn cost?

On the daily, we receive phone calls and web chat messages from customers asking, How much does a pole barn cost?” Unfortunately, no black and white number works for everyone. Below, we detail the five most common cost components that’ll help determine a realistic project total.

 

1) Site CostsPoleBarnConcrete_PropertyValue

Perhaps the most underrated cost, site preparation is the work done on your land before post frame construction. The following factors drive site costs:

  • Location and elevation
  • Type of granular fill
  • Building pad size
  • Amount of object removal

Naturally, some projects will require more site prep than others, affecting the cost. However, you can further lower costs by owning the machinery and performing your excavation. If you’re capable of handling this workload, then you’ll want to check out our simple guidebook.

 

2) Design and Permitting Costs

FBiBuildings_Permit

The design costs for your pole barn relies heavily on the type of structure you want to build. The following factors will influence the price:

  • Pole barn size (30 x 40 x 10 versus 60 x 120 x 20)
  • External features (cupolas, overhangs, porches, wainscot, etc.)
  • Internal features (insulation, living quarters, office space, steel liner packages, etc.)
  • Future preparation (building additions or interior finishes)
  • Pole barn kits versus erected pole barns (DIYer or a professional crew)

Once you’ve selected a post frame design, you’ll need to obtain a building permit to move forward with construction. Permitting costs are based on the following factors:

  • Building Size (square footage)
  • Building Segment (Agricultural, Residential, Commercial, or Equine)
  • Jurisdiction (state or county)

Please contact your city hall or county courthouse to find out how much you’ll owe in permitting costs.

 

3) Finishing Costs

PoleBarnInterior_PropertyValue

As mentioned previously, adding external and internal features will impact your total pole barn cost. Depending on your builder’s scope of work, they may have the following external and internal work subcontracted out:

  • Cabinets
  • Carpet
  • Concrete
  • Drywall
  • Electrical
  • Framing
  • HVAC
  • Overhead doors
  • Masonry
  • Plumbing
  • Trim

At FBi Buildings, we recommend being your general contractor when finishing a man cave or she-shed. Here’s why...

This unique structure doesn’t contain studs. Therefore, you’ll need to install interior stud framing on the perimeter walls and ceiling. Then, you can install electrical, HVAC, plumbing, drywall, etc.

Finally, you can add cabinetry, fixtures, artwork, shelving, and more. Eventually, these features add up, especially if you have someone else perform the work.

Think you have what it takes? Download our General Contracting Guidebook to ensure a successful building project.

PoleBarnLandscaping_PropertyValue

 

4) Furnishing, Landscaping & Signage Costs

When planning your post frame budget, you’ll want to account for furnishing, landscaping, and signage costs. Typically, these post-construction extras tend to be out of sight, out of mind in the early stages of the building process.

Spruce up the perimeter around your man cave or she-shed with well-designed, energy-efficient landscaping. Stay off the fresh cut grass with a sidewalk. Pave the driveway leading up to your newly built post frame project.

Overall, these outdoor features will add value to your project.

 

5) Financing Costs

In a perfect world, you’d have enough cash on hand to fully fund your dream pole barn. Sounds great, right? Unfortunately, this isn’t always the case, and you’ll have to take out a loan.

Financing costs include principal and interest on any loans you may need to take out. Don’t forget to ask your post frame construction company the following questions:

A great builder will have these resources on hand to help you navigate the world of pole barn financing.

As you can see, multiple factors will influence the total project cost. Ultimately, the price comes down to how you design your man cave or she-shed.

Pole Barn Quote_FBi BuildingsManCave_PropertyValue

 

How will a pole barn affect my property value?

Often, people assume that a pole barn will decrease their property value, which isn't necessarily the case. Although you don’t plan on moving anytime soon, it’s important to consider the resale value of your building and property.

According to Realtor Magazine, a large, attractive garage or storage building adds curb appeal and resale value to your property. In fact, the lack of garage space is a deal breaker for some home buyers.

Luckily for you, a pole barn is a flexible and durable construction method. You can combine your man cave and she-shed with storage room to appease future buyers.

Have you recently finished a man cave or she-shed project? We recommend reaching out to a real estate agent for an estimate on your updated property.

 

How can I maximize my pole barn value?

Even if a post frame building doesn’t skyrocket the appraised value of your home, you can still take steps to make sure that it adds marketability to your property.

 

Building Permits

First, you’ll need to check with your homeowner’s association for rules and regulations regarding construction within their jurisdiction. Also, it’s crucial to verify building codes with your builder.

Next, you’ll need a building permit before moving forward with pole barn construction (assuming you have permission from the HOA). In some areas, structures are exempt from permits, especially agricultural buildings. You’ll still need one, but it's free of charge.

On the other hand, some residential buildings require a permit from the town rather than the county. Again, the best way to find out how much you'll owe in permitting fees is to contact your local planning and development office.

 

Match Color Combination to Existing StructuresMatch_Color_Combo

Top appraisers recommend matching your post frame style to existing structures on your property.

For instance, if you’re home has Surrey Beige siding, you can use the following pole barn color combinations:

  • Brandywine
  • Evergreen
  • Forest Green
  • Patrician Bronze
  • Sepia Brown
  • Terratone

As long as you keep your aesthetics consistent, you’re in good shape.

 

Maintain Your Pole Barn’s Condition

Who would purchase a piece of property with buildings in poor shape? No one.

If a pole barn is damaged, it’ll become a hassle for future buyers. They’ll have to fix it up themselves or have it completely removed from the property. As a result, your property value will lower because the buyers might incorporate the maintenance fees into the purchase price.

To avoid this situation, we recommend taking proper care of your man cave or she-shed.

 

PoleBarnConstruction_PropertyValue

Use a Desirable Builder and Materials

Although the initial cost may seem intimidating, it doesn’t mean that you should purchase a kit at the nearest hardware store. If you’re going to spend your hard-earned money on a new pole barn, then you’ll want to make sure you’re investing in a quality builder — one whose building materials and features will withstand the test of time.

As the old saying goes, “you get what you pay for.” At first, a cheap building sounds great! Realistically speaking, it’s a lower-quality product that will require more follow-up maintenance. In the long run, cheap construction will cost you more.

Besides, a post frame structure is an investment. The more time and money you invest in a project, the more value it will add.

 

Final Thoughts

Depending on your situation, a pole barn may or may not increase your property value. However, you can always escalate the marketability of your property (if and when that time comes). An attractive and well-maintained structure that matches your home will add serious curb appeal.

Are you ready for the next step? Design your own building with our new and improved online 3D design tool. When you’re finished, you can save, print, or email your plan to family and friends.

If you’re ready for a quote, you can submit your design to us, and a member of our sales team will give you a call to begin the estimating process.

Design Your Pole Barn_FBi Buildings


Have more questions about pole barn value not covered in this article? If you need help designing and planning, please contact FBi Buildings at 1.800.552.2981 or click here to email us. If you are ready to get a price, click here to request a quote and a member of our sales team will call you.

About Angie Dobson

Angie graduated from Indiana State University with a Bachelor of Science in Interior Design. Prior to joining the FBi team, Angie was a kitchen and bath sales consultant in Lafayette, IN. In 2012, she started with FBi as the Inside Sales/Marketing Assistant. Today she holds the role as Marketing Project Manager. Angie grew up in a farming community and has always enjoyed helping her family on the farm. A past 10 year 4-H Member, her passion for livestock pursued her to take a career in the agriculture field. Her and her husband live in Northwest Indiana with their two daughters. In her free time, she enjoys outdoor leisure activities and spending time with friends and family.