Are you wondering “Is a barn conversion a good investment?” If so, you’re not alone. More and more people are asking this question. As they weigh up the pros and cons of transforming a barn into a luxurious countryside home for their families. Read on to find out if a barn conversion is still a worthwhile investment in 2023.
What is a barn conversion?
Before we answer the question “Is a barn conversion a good investment?”, let’s look at what a barn conversion is. Converting a barn involves renovating a derelict agricultural structure and turning it into a habitable building. This is usually a family home. Although it can also be a commercial property such as an office, studio space or holiday accommodation. Old barns tend to be very spacious and come with high ceilings, offering the ideal form and character to construct your perfect property.
Barn conversions started to become popular back in the 1980s when they stopped being widely used as farm buildings. Planning restrictions were relaxed in 2014, making it easier for people to convert barns without the need for planning permission. At High & Dry, we often carry out barn conversions in Brigg and the surrounding areas. Our team are highly experienced in transforming these disused farm buildings into beautiful homes.
Is a barn conversion a profitable investment?
If you’ve noticed a barn for sale, you may be wondering if converting it will be a profitable investment. The good news is that yes, in most cases, a barn conversion is likely to bring you significant profits if you do choose to sell it in the future. Even though the cost of converting a barn can be steep, you’re likely to sell it for more than you paid due to the desirability of these properties. This is because these buildings are very popular amongst buyers in rural areas. Spacious with high ceilings and bathed in character and charm, a converted barn is likely to receive a lot of attention in the marketplace.
Besides, we’re sure you’ll agree that the money you spend is justified once you see the incredible home at the end of the process. Whether you want to live in it or sell it, a barn conversion can be a fantastic investment overall.
How much does a barn conversion cost?
When considering if a barn conversion is a good investment, you’ll need to consider the cost. Accordingly to Checkatrade, the average cost of converting a barn is £275,000. Although, this can be much more or less depending on factors such as the size of the barn and its layout, how much land you purchase, the materials used, the condition of the current barn, and the standard of the finish. Naturally, the cost will also depend on which builder you choose to carry out the work. Whilst it can be tempting to go with the lowest quote, this may not be the best idea. Cheap builders may cut corners during the conversion process, which can often lead to issues down the line.
Can I convert a barn myself?
Converting a barn yourself may seem like an attractive prospect if you’re trying to complete the project as affordably as possible. However, unless you possess the required level of skill and experience, it’s unlikely to be a good idea. Converting a barn can be extremely challenging and there’s a lot that can go wrong during the process if you lack the necessary expertise. What’s more is that barns in a poor condition will need more work to turn them into liveable spaces, which can be complex and time-consuming. It’s dangerous to work with gas and electricity or remove asbestos without professional help too. In most cases, it’s best to enlist a local barn conversion specialist.
Barn conversions in Brigg
Now you know that the answer to “Is a barn conversion a good investment?” is yes, you may be interested in hiring us. High & Dry is widely considered to be a local specialist in barn conversions in Brigg and the surrounding areas. We have undertaken many barn conversion projects over the years, building a fantastic reputation for our services.
At High & Dry, we provide a bespoke barn conversion service, allowing us to create your dream property. Whether you’re looking for the perfect family home with the ideal layout to suit your needs, a modern office for your business, or even a studio, we can assist. We’ll work with you closely to understand your exact requirements, doing everything we can to turn your vision for your barn conversion into reality. We work with a multifaceted team of tradespeople when converting barns for our clients. Planners, builders, electricians, plumbers and bricklayers will work together to ensure that each and every element of the work is carried out to the very highest standards.
When it comes to barn conversions in Brigg and the surrounding areas, there’s no better company to assist you than High & Dry. We will deliver a quality service throughout, and what’s more is that all our work is fully guaranteed. We aim to keep our prices as fair as possible whilst reflecting the high quality of the work we deliver. You can expect a real value-for-money service when you choose High & Dry for a barn conversion.
A barn conversion can be a brilliant investment, but only if it’s carried out by a reputable company with a proven track record. Call us on 01652 808 049 to discuss your dream barn conversion with one of our friendly team. Alternatively, complete the online form on our website and we’ll get back to you as quickly as we can.