During a time of economic uncertainty, many homeowners and property owners take comfort in the security that property ownership provides, and it’s not unusual for owners to seek ways to improve the value of their properties.
It’s conventional wisdom that improvement to your home, business premises, or property will add value to it, improving your equity and realizing you more gain should you sell the property. Many industrial or agricultural properties will consider the addition of an affordable and easy-to-build pole barn. But will a pole barn add actual value to your property? The answer is “yes.”
How Can a Pole Barn Add Value?
The addition of a new pole barn on your premises can add a significant amount of value to your real estate. It doesn’t matter what you’re using it as – for storage, for animals or as a workspace – a pole barn is an attractive feature that will become a selling point in the future should you choose to sell. Even if you’re not planning to sell, it’s a great addition that will enhance the value of your property. One of the most appealing features of a pole barn is its adaptability. While you may be using your pole barn as a workshop, it will be easy for a future owner of the property to adapt it for agricultural use, storage, or other purposes.
How Much Value Can It Add?
It’s hard to pinpoint a precise amount since the value it adds will depend on your property, the location of the pole barn, its function, and the features you choose when you build it. Outbuildings on residential or commercial property will almost always add value to that property if they’re well built and well maintained. If you’re planning to sell in the future, the presence of a pole barn can give you a competitive advantage among buyers looking for extra storage, or a base for a hobby or home business.
When it comes to factoring in the pole barn to determine the value of your property, it’s important to understand that the size, age, quality, and function will make a difference to how much value it’s going to add. Many property owners have found that the presence of a pole barn can add up to $10,000 to the value of their property.
Offering service throughout the mid-Atlantic region, CHA Pole Barns can handle large and small pole barn construction projects in Pennsylvania, Virginia, Delaware, New Jersey, Maryland, and West Virginia. From small run-in sheds and equipment storage buildings to barns to retail shops and homes, CHA Pole Barns has the experience and skill to provide you with a durable pole barn building that will last and add value to your property, in a design that meets your expectations. For more information, a quote or a consultation, visit our website.