If you are fortunate enough to own a large parcel of land, then you should definitely invest in a pole barn. Pole barns are a type of barn used historically for agricultural purposes, but they can also be used for storage and even as a workshop. The building style used to create pole barns is very economical – it is called post-frame construction.
Adding a pole barn to your property is a very effective way of increasing your land’s value and making it more appealing to investors. This article will tell you why that is:
Easy Assembly
Pole barns are extremely easy to assemble because they can be bought in kits. This quick assembly makes them a superior option to other forms of structure, that require entire construction teams to build. According to the pole barn manufacturers from PoleBarnKits.org, you can customize your barn, choosing either metal or wooden doors and from a range of different build styles. Most people are able to build their own pole barns, without help from professionals. With that said if you don’t have any confidence in your building skills, then you may want to hire a professional contractor to assist you so that you don’t make any mistakes that could damage your barn’s structural integrity.
Property Conversion
It is entirely possible to convert a pole barn into a temporary or even permanent residence, as long as it is properly maintained. Once you have had planning permission approved to erect a large pole barn structure, then converting that property into a residential dwelling won’t be particularly difficult. If you were to try and get approval for a residential dwelling first, however, then it would likely be a very laborious process and would result in you being denied several times. Converting a barn into a dwelling is a very effective way of increasing the amount of money that your land yields for you. Also, if you have a second property on your land, buyers will pay considerably more for it. Even if it is just a pole barn not converted, they will still pay more because they will be able to convert it into a residential property themselves.
Storage
Pole barns are a great investment because they make storage much easier. If you have a lot of land and have a lot of agricultural machinery, a pole barn can give them a place to be easily stored. Agricultural machinery isn’t cheap, sometimes single machines can cost over $100,000. With that said, you aren’t only able to store agricultural machinery in your pole barn, you can store anything in there. Whatever you have, you can store it there as long as it is water-proofed and the barn is locked and secured. Sometimes thieves venture into rural areas in order to target people’s barns. Make sure that you take your barn’s security very seriously so that nobody gets away with your belongings.
Land Potential
As mentioned previously, buyers will be more enthusiastic about buying your land or property from you if you have a second structure built on it, because they will be able to use it as a second residential dwelling or storage themselves. A second structure on your land adds a lot of potential to your land, making it a much more attractive parcel for buyers. Whether you want to sell your land or keep it, it’s fair to say that by erecting a pole barn you will be significantly increasing your land’s value, and therefore, pole barns are a very effective investment decision. You will likely receive a lot of offers for your land when you put one up.
Agricultural Uses
If you have a pole barn, you can use it for agricultural purposes such as the storage of animals. It’s possible to buy small pole barns that can be used as stables for horses. Alternatively, you can buy a large pole barn and create internal division panels, keep chickens or other animals inside them, and farm them for eggs or meat. There’s a huge demand for agricultural services at the moment, so by setting up a pole barn on your property you allow yourself to monopolize this demand and increase your chances of making money.
Potential Business
Another advantage to having a pole barn is that there is the potential to start a business on your property. You can use the pole barn as a workshop or alternatively turn it into an office, with local government approval. Running a business from home is a great way to achieve financial independence or at the very least add a little extra money to your monthly income.
If you have enough land to build a pole barn, then it’s definitely a great investment to make. The opportunities are endless. Make sure that you build it properly and do your research. If you aren’t confident in your building skills, then hire a professional to do it for you.
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