15 Ways to Save Money When Building a Barndominium (2024)

Barndominiums tend to cost less compared to traditional single-family homes. Unfortunately, building a new barndominium from scratch may still exceed your budget. If you want to build your dream home, you may need to find ways to cut costs without giving up on the features that you want. Here are 15 ways to save money when building a barndominium.

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1. Purchase a Barndominium Kit

A barndominium kit cuts costs compared to hiring a contractor or selecting all the materials yourself. A kit includes everything you need, including:

  • Framing
  • Exterior sheeting
  • Trim
  • Fasteners
  • Closures
  • Interior layouts

Many construction companies that specialize in barndominium construction offer barndominium kits. The kits cost less compared to sourcing each item separately. You also save time and energy by receiving everything all at once instead of dealing with multiple shipments.

You can shop around for kits that include the features and layouts you want. You may even alter the design to suit your needs.

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2. Build the Barndominium Yourself

Whether you buy a kit or purchase materials separately, you have three main options for carrying out the construction:

  • Build it yourself
  • Act as the general contractor
  • Hire a contractor/construction company

Building the barndominium yourself offers the greatest potential cost savings. You avoid the need to hire a contractor or construction company, including all the laborers and subcontractors used for the project. However, building it yourself also comes with greater risks.

If you do not have experience with home construction, you may make costly mistakes. Not setting the posts correctly or using the wrong fasteners may limit the structural stability of your new barndominium. Fixing these issues later tends to cost much more compared to doing the job right the first time.

3. Act as Your Own General Contractor

If you do not know how to handle all areas of the construction yourself, you could act as your own general contractor. This is also called acting as an owner-builder.

Choosing to act as a general contractor can save money when building a barndominium but it comes with more responsibilities. You need to deal with hiring and managing subcontractors. You may need to spend most of the workweek supervising workers, including electricians, plumbers, roofers, and other professionals.

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4. Take on More of the Less-Skilled Jobs

If you act as a general contractor, you do not need to hire subcontractors for every job. Completing some of the less-skilled jobs can save money by limiting the subcontractors working on the project.

For example, if you have experience installing flooring, you can handle the flooring yourself. You could also hire subcontractors to erect the structure and install the electrical and plumbing systems while you handle more of the interior work.

Painting, staining, and landscaping are tasks that you could likely handle yourself instead of hiring someone else.

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5. Choose Premade Barndominium Blueprints

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Building a barndominium requires you to decide on the size and layout. Instead of buying a kit, you can purchase blueprints or hire an architect.

Stock blueprints are designed by architects and engineers and sold to the public. You do not get a custom layout, but you save money compared to hiring an architect.

6. Buy Ready-to-Assemble Cabinets From Wholesalers

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Homeowners spend an average of $2,500 to $24,000 on new kitchen cabinets. Cabinets are often one of the most expensive interior features of the home.

Save money when building a barndominium, especially on your cabinets, by buying ready-to-assemble (RTA) products directly from wholesalers. You pay a premium price when you buy premade cabinets from a nearby home improvement store. Ordering custom cabinets cost even more.

RTA cabinets include precut parts that are ready for you to assemble. You need to assemble the cabinets, hang them, and paint or stain them.

7. Purchase Building Materials and Supplies

If you act as an owner-builder, consider buying the materials and supplies. Traditionally, the subcontractor buys the required materials, which limits your control over the costs.

Buying materials allows you to shop around for the best value. Subcontractors may also offer a discount when submitting their bids, as they have one less detail to deal with.

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8. Use Standard Sizes for Windows and Doors

Barndominiums are often built with steel columns spaced 6 to 12 feet apart. Traditional single-family homes are built with stud wood frames, which include studs every 16 to 24 inches.

The wider spacing allows you to install bigger windows and doors. However, choosing nonstandard sizes may also increase the cost of construction. While you can still opt for a large entry door, choose standard sizes for all other windows and doors.

9. Choose Laminate Flooring Instead of Real Wood

Wood flooring is the most popular type of flooring for the main living areas of a home. It also matches the country and rustic styles that are often found in barndominiums.

If you want wood flooring, choose laminate flooring instead of real wood. Quality laminate flooring closely resembles the real thing but costs much less. It also requires less maintenance and can still last for a decade or longer.

10. Choose the Right Location for Your New Barndominium

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The location of your barndominium influences the cost of construction in several ways. First, the location determines the availability and proximity of suppliers.

If you choose a plot of land in a remote area, it may cost more to deliver materials and supplies. You may also have a limited selection of subcontractors, keeping you from comparing bids to get the best value.

The cost of materials is also less expensive in some regions. You may spend less by building your home in a state with a lower cost of living.

The location also determines the cost of the land. Unless you already have land for your new barndominium, shop around to find an affordable location.

11. Shop Around for Fixtures and Appliances

Your new barndominium needs lights, switches, sinks, appliances, and other essential items. These items can drive up the cost of barndominium construction.

Always shop around for the best deal on fixtures, appliances, and other interior items. You could even purchase used items to save more money.

Light fixtures, window treatments, and appliances are items that you can always upgrade later. Instead of buying the best of everything, you can choose basic options to save money during construction.

12. Choose to Build a Smaller Barndominium

Reducing the size of your new barndominium is one of the easiest ways to reduce the cost of construction. The base cost of the project is often determined using the square footage of the property.

Barndominiums cost about $30 to $40 per square foot for a new property with basic features. A single-family stud frame home costs an average of $100 to $200 per square foot.

At $30 to $40 per square foot, a 2,000-square foot barndominium may cost $60,000 to $80,000. Reducing the size to 1,800 square feet could shave $6,000 to $8,000 off the price.

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13. Look for Builders Who Offer Incentives

Some builders and construction companies offer incentives for projects. Incentives provide savings when you agree to certain conditions.

For example, you may save money on the closing costs by obtaining financing through the builder’s preferred lender. Some builders may also offer incentives for choosing specific materials or design features.

14. Work with an Experienced Contractor

If you decide not to build the barndominium yourself or act as an owner-builder, ensure that you choose the right contractor or construction company. Experienced contractors have a network of dependable subcontractors. They are also insured and licensed, which limits your liability.

The connections and experience allow contractors to get the best rates on materials, supplies, and subcontractors.

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15. Monitor Your Spending and Budget

Always pay close attention to spending to avoid going over budget. People often go over budget when they stop keeping track of every purchase.

When spending tens of thousands of dollars, it becomes easy to overlook spending a few extra dollars here and there. However, small purchases can quickly add up.

Monitoring your spending also allows you to see where each dollar goes. You may realize that some of your early choices are no longer necessary. For example, when you see the breakdown of costs, you may decide to go with a less expensive flooring option or eliminate an expensive feature.

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Conclusion

Saving money on new barndominium construction involves paying attention to every area of construction, starting with who you hire to build the structure. Building it yourself increases the risk of mistakes that may require costly repairs. Acting as the owner-builder comes with extra responsibilities that you may not have time for.

In the end, hiring a reputable contractor with experience building barndominiums is often the best way to ensure that you avoid paying too much. A trustworthy contractor will hire reliable subcontractors and keep your project on budget.

Along with these tips, you should also shop around for the right lender. Comparing lenders could result in a construction loan with a slightly lower interest rate, which impacts the total cost of construction and your future mortgage.

If you would like more guides like this one, check out the rest ofBarndominiumLife.com. There, you will find more helpful tips and tricks from the pros. You will also findfeatured barndominiums, barndominium floor plans, and information on financingand insurance. Knowing as much as you can will help you get the best results for your dream home.

Gail Rose

Gail currently spends her free time geeking out about what’s new and trending in the world of barndominiums.

She is the former executive editor of BarndominiumLife.com and loves working with the team and members of the barndominium community. She now contributes to the blog on occasion, but only when she feels like it!

15 Ways to Save Money When Building a Barndominium (2024)

FAQs

What makes a barndominium cheaper to build? ›

Barndominiums have a quality that often makes them very customizable, which is that typical barndominiums are often constructed from a metal building. Metal structures are usually less expensive to construct than traditional buildings, which is one reason why they are used so much in commercial construction.

What's the cheapest you can build a barndominium? ›

The cost to build a barndominium is $65 to $160 per square foot or $130,000 to $320,000 on average for a 2,000 SF home. Barndominium prices depend on the size, materials, and interior finishes chosen. Barndominium kit prices are $20 to $35 per square foot for materials only.

What do I wish I knew before building a barndominium? ›

Here are the most important things to know about building a barndominium.
  • Obtain a permit for your project. Photo by Bridger Steel, Inc. ...
  • Test the paint. Photo by Justin Doyle Homes. ...
  • Prepare for surprise costs. ...
  • Plan for electrical work. ...
  • Choose your windows and doors wisely. ...
  • Add insulation—it's important.
Mar 14, 2022

What is the most expensive part of building a barndominium? ›

Steel framing, popular in barndominium construction for its durability and resistance to pests, can be more expensive than traditional wood framing. Framing costs can range from $20 to $50 per square foot, making it one of the most significant portions of the construction budget.

What are the negatives of barndominiums? ›

If you're considering building or buying a barndominium, consider this list of downsides before you sign your name on a dotted line:
  • Location Limitations. ...
  • Financing. ...
  • Corrosion. ...
  • Noise. ...
  • UV Exposure. ...
  • Wiring Challenges. ...
  • Reselling.
Oct 19, 2022

How big of a barndominium can I build for 200K? ›

How big of a barndominium can I build for $200K? On the high end, barndominiums have an average cost of $150 per square foot. At that price, you can estimate a building of around 1,333 square feet for $200,000.

What state is the best for barndominiums? ›

Where Are Barndominiums Most Popular in the U.S.? Barndominiums have become most popular in Texas, Oklahoma, Missouri, Arkansas, Alabama, and Mississippi, but Texas is the number one place you'll find them.

How big of a barndominium can I build for 300k? ›

Written by HomeAdvisor. Barndominiums cost between $120,000 and $540,000, with an average 2,400-square-foot barndominium costing $300,000 to build. The total cost to build a barndominium can vary significantly depending on the size, how much of the work you do yourself, and the finishes you choose.

Why are barndominiums hard to finance? ›

Banks require appraisals to determine the property's value, which in turn, informs their lending decisions. Because barndominiums are relatively unique and fewer in number compared to traditional homes, finding comparable sales (comps) necessary for accurate valuation is difficult.

Are barndominiums hard to insure? ›

Insurance can be complicated for barndominium homes. According to Barndominium.org, not all insurers cover barndos, especially if they're mixed-use instead of residential only, and those that do might have barndo-specific policies.

Do barndominiums have mold issues? ›

Due to the nonporous nature of steel buildings, barndominium owners often note increased condensation around the interior of their windows. This condensation can also penetrate drywall. If that happens, you will have a bigger problem on your hands: mold.

Why can't you finance a barndominium? ›

Appraisal and Valuation Issues

One of the most significant hurdles in securing financing for a barndominium is the challenge of obtaining an accurate appraisal. Banks require appraisals to determine the property's value, which in turn, informs their lending decisions.

Is building a barndominium a good investment? ›

A barndominium is a wise investment if you plan on entering the Los Angeles real estate scene. Barndominiums are cheaper and easier to build than conventional houses, are low maintenance, and are more durable against earthquakes and fires. They are also unique and will set you apart from other real estate investors.

Do barndominiums hold their value? ›

Barndominiums normally retain their resale value and may even increase in value gradually, although more slowly than a standard home. However, these homes are still rare in some parts of the country, and it may be challenging to get an accurate appraisal in an area where there are few.

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