Want to Increase your property value without spending thousands?
Metal Buildings are some of the greatest investments you can make for your property right now. Landlords and homeowners alike are beginning to realize they can add substantial value to their property with a metal building at a fraction of the price of traditional buildings.
…but here’s the kicker…
While the average homeowner still thinks of metal buildings as barns and industrial storage units. The savvy investor is already realizing how a metal building can upgrade any property.
Investing in the right metal building can increase your return more than any other investment.
Contents
In this article you’re going to learn:
- Metal Buildings Are A Great Real Estate Investment
- How Does a Metal Building Increase Property Value?
- Types of Metal Buildings that Increase Property Value
- Features You Need To Increase Property Value
- Why You’ll Enjoy Owning A Metal Building For Years To Come
Metal Buildings Are A Great Real Estate Investment
Here are the cold hard facts.
Real estate investors who added a metal building to their property saw their property value increase by 13% over similar properties without one. That my friend is a chunk of equity you can’t go pass up.
But wait, there’s more…
Not only will you gain equity. You spend less money building a metal building. Buildings built with prefabricated steel cost an estimated 30% less than traditional building methods. So you save money upfront and gain more when you go to sell.
If you partner with the right metal building dealer you can ensure you are getting quality construction that will increase your property value. A good dealer will help you understand your local building codes and design a building that gives you maximum bang for your buck.
Not too shabby if you ask me.
How Does a Metal Building Increase Property Value?
There are a few reasons metal buildings can help add value to any property. By understanding how your local realtor determines value we can make smarter decisions with our investments.
Additional Square Footage
If you were to ask most realtors what has the greatest impact on property price they would say square footage. Adding a metal building to your property is one of the quickest ways to increase square footage.
No matter if it’s a garage, shop, storage building… additional covered space is appealing to buyers and will up your property value.
Versatility
Metal buildings can be used for nearly anything. Here are just a few:
- Vehicle storage
- Shop
- Hobby/work space
- Office
- Agricultural storage
- Commercial buildings
The list could go on and on. Having usable space that can “fill any need” your buyers could want only helps make your property more valuable.
Durability
Don’t let anyone fool you into thinking metal buildings don’t last. Yes, wood may be the traditional choice. But metal provides structural integrity that will stand the test of time.
No warping, twisting, rotting or bending. Unless something extreme happens steel is resistant to pests, mold, and even fire.
This fact alone will help your building retain value long after a treated wood structure would’ve gone downhill.
Features You Need To Increase Property Value
When it comes to increasing property value with a metal building not all features are created equal. Here are some details to look for that can maximize your investments return.
Permanent Foundation
All pre-engineered metal buildings require a permanent foundation. Making it a permanent structure in the eyes of your bank appraiser.
Many lenders and appraisers won’t count pole barns and other “temporary” metal buildings as real structures. Unless it’s got a foundation they’re not interested.
Quality Matters
Yes, there is such thing as a cheap metal building. And that can impact your return on investment.
Look for buildings that use galvanized and stainless steel options. These may cost a little more upfront but provide a sturdier structure. Plus they will give you higher appraisal values down the road.
A quality steel building will look just as good and provide just as much value to your grandchildren as it does you.
Energy Efficient Buildings
Today’s metal buildings can be just as energy efficient as traditional structures. Watch for buildings with:
- Insulated metal panels
- Cool roof coatings
- Proper ventilation
- Weather-sealed structures
Metal buildings that utilize these features will lower monthly energy expenses. Which is another selling point for future buyers.
Aesthetics
Metal buildings used to be ugly. Not anymore.
With the ability to customize colors and finishes you can make your metal building blend in with just about any home or commercial property.
An attractive metal building can only help your overall property value.
Why You’ll Enjoy Owning A Metal Building For Years To Come
When you take the leap and build that extra metal building you’ll enjoy benefits for years to come.
Low Maintenance
Steel won’t need painted, pest controlled or repaired as often as traditional structures. Saving you thousands over the life of the building.
The money you save can go back into your property for even more upgrades.
Lower Insurance Costs
Metal buildings often come with lower monthly insurance premiums. Since there is less risk for things like fire many insurance companies will cut you a break.
These savings add up over the years as well.
Quick Installation
Metal buildings can be up in a fraction of the time of traditional buildings. Since the parts arrive pre-cut and ready to assemble.
A building that may take traditional construction months to complete can be done in a matter of weeks.
Expandable
Metal buildings can be easily modified down the road. Want to add on? Need more space?
Its quick and easy to give your metal building a boost in size.
Which Building Should I Choose?
There is no right or wrong answer when it comes to which metal building will increase value for your property. It all depends on what you currently own and who your buyer will be.
Residential
If you own residential property garages and workshops are the most common. Realtors we’ve spoken with believe a metal garage can increase your home value up to $30,000 for a two-car garage. Even if you build a single car garage you can easily see $15,000 to $20,000 added value.
Your garage doesn’t need to be extravagant or expensive. Just clean and nice with plenty of room.
Commercial
Warehouses, storage units, and even retail all benefit from metal buildings. After all that initial savings on building costs you walk away with higher profit margins.
Bringing It All Together
Metal buildings are one of the best investments you can make for your property. They not only save you money on construction costs. But they can continue to save you money and increase property value year after year.
Here’s your recap:
- Metal buildings add 13% or more value to your property.
- You save 30% on construction costs.
- Steel buildings provide endless benefits because of their durability.
- Versatility of metal buildings is appealing to many buyers.
Just make sure you partner with the right suppliers and get quality construction. A well-constructed metal building should be considered a permanent addition to your property that will give you equity for years to come.
Whether you’re building it for personal use or as an investment. Metal buildings provide real value that you’ll see when it’s time to sell.
