The barndominium trend has taken the Midwest by storm, offering a unique blend of rustic charm and modern living. These custom-built, barn-style homes are not just a nod to the region’s agricultural heritage; they are excellent Midwest property investments.
At Davis & Reed Homes, we are experts in custom home building and our thoughtfully designed barndominiums are built to hold resale value. If you’re considering building a custom barndominium, here is how we ensure it retains and even increases in value over time.
Understanding the Midwest Market
Before diving into the specifics of building a barndominium with an eye for resale value, it’s important to understand the Midwest state trends. The Midwest is known for its expansive lands, agricultural communities, and a growing interest in sustainable living. Properties here often boast more space, allowing for larger homes and the opportunity to incorporate outdoor living features that are highly valued in the market.
Are Barndominiums Easy to Resell?
This question is on the minds of many potential barndominium owners. The answer largely depends on several factors, including location, design, and how well the property has been maintained. In the Midwest, where the concept resonates with the local heritage and aesthetic, a well-planned barndominium can be just as easy to resell as a traditional home, if not easier. The key is ensuring that it is well-integrated with its surroundings and includes features sought after in the Midwest property market.
Do Barndominiums Appreciate?
The concern about whether barndominiums hold their resale value is valid, especially for those looking at their custom build as a long-term investment. The good news is that building a barndominiums, particularly in the Midwest, can maintain and even appreciate over time. This is especially true when they are built with quality materials, feature energy-efficient designs, and sit in desirable locations. The unique appeal of these homes, combined with the growing interest in Midwest properties offer a blend of traditional and contemporary features, making them a hot commodity in the real estate market.
Selecting the Right Location
The Midwest can be a particularly smart move, and Iowa and Nebraska stand out as prime locations for such an investment. Both Iowa and Nebraska offer relatively affordable land prices compared to the national average, which means more space for your investment. Additionally, proximity to good schools, local amenities, and easy access to urban centers can significantly impact the future saleability of your property.
Designing for Broad Appeal
When building a barndominium, it’s crucial to strike a balance between the unique, barn-inspired aesthetic and features that have broad market appeal. High ceilings, open floor plans, and large windows that let in plenty of natural light are all attractive to potential buyers. While the rustic look is part of the charm, ensure that the interior finishes are modern and neutral enough to suit a wide range of tastes. While it’s tempting to go with the latest design trends, timeless design elements tend to appeal to a broader audience and will likely not go out of style.
Functional Floor Plans
Custom homes should be built with flexible living spaces that can serve multiple purposes. Open floor plans are popular because they allow for easy interaction and can be adapted to suit the buyer’s needs. Additionally, consider adding a multi-purpose room or a spacious basement, as homes with more rooms can often command higher prices.
Energy Efficiency and Sustainability
Sustainable living is a growing trend in the Midwest, and homes that offer energy-efficient features are becoming increasingly popular. Incorporate sustainable materials, solar panels, energy-efficient appliances, and geothermal heating and cooling systems. Not only will these features save on utility bills, but they will also attract buyers looking for eco-friendly homes.
Outdoor Living and Land Use
Take advantage of the Midwest’s ample land by integrating outdoor living spaces into your design. Decks, patios, and porches that offer views of the surrounding landscape can significantly enhance the appeal of your home. If your property includes additional land, consider potential uses like gardens, orchards, or even small-scale farming, which can be attractive features for future buyers interested in the Midwest lifestyle.
Are Barndominiums a Good Investment?
The bottom line: you will get a large home for a decent price that will appreciate over time. When building your custom barndominium, we keep an eye on the future. Our team builds with quality and foresight, and we’ll create a home that’s not just a joy to live in but also a wise investment for years to come. Contact Davis & Reed Homes to get a quote on your home-building project in Nebraska or Iowa!