Installing a commercial metal building on your property offers a wide variety of benefits, but few people consider the positive impact a pre-fabricated metal building can have on property value.
A study from Florida State University proves that adding a regular-sized garage increased a home’s value by an average of 13%. Owners benefit from the durability and strength of steel, and commercial metal building prices are surprisingly competitive when compared to wood. Adding a commercial metal building to your property is easy and affordable and can significantly increase the value of your home or business.
Metal Buildings and Commercial Metal Buildings: Why They Are a Good Investment
- Cost-effective to build
- Cost-effective to maintain
- Retain their value
- Energy efficient
- Lower insurance premiums
- Environmentally sound
- Fast and efficient
- Structurally durable
- Increase curb appeal
You might be surprised by the cost of commercial metal buildings; even professionally designed commercial buildings can be quite affordable. Even better, steel structures do not decay like wood. You don’t need to worry about termites, rot, or weather damage. You will save money by reducing maintenance costs and increasing the resale value of your commercial metal structure. Additionally, you will save money on heating and cooling with a well-insulated commercial metal building.
Insurance companies are well aware of metal buildings’ ability to withstand the elements. As a result, you will even save money on your insurance premiums.
Resale Value of Commercial Metal Buildings
Properties with commercial metal buildings are highly sought-after for all of the above-mentioned reasons. Many potential buyers specifically search for commercial metal buildings for sale. Depending on your area, this heightened demand for metal buildings may dramatically increase the value of your property when you eventually decide to sell.
Some people are hesitant to invest in their homes because of the prohibitive up-front cost. But a savvy investment just might earn you a huge sum of money in the future. Steel structures are built to last—so even if you sell your property in years or even decades, it will still retain its value.
Detached or Attached
Many people worry that a detached commercial metal building will look less professional than an attached garage. Luckily, researchers from Florida State University determined that a detached garage has an identical resale value to an attached garage.
An attached metal building is more challenging from a design and construction perspective but it is far from impossible. Be sure to consider your current architecture and choose a commercial metal building that matches the aesthetics of your home or business.
Choose a detached commercial metal building for easy installation. A standalone structure will complement your primary building without the stress of an involved construction project. Either option will dramatically increase the square footage of your home and help with curb appeal.
Commercial Metal Building Prices: Assessing Resale Value
Compared to other structures, commercial prefabricated metal buildings are a low-risk investment. Experts agree that a commercial metal building will elevate your profits when you decide to sell your home or business. In most cases, you can sell your metal building for at least what you paid for it, and often for much more.
Use an online tool to get a general sense of your commercial metal building’s resale value. This figure will help you decide if a metal building is a wise investment. In most cases, your metal building’s value will grow exponentially over time.
It’s also helpful to compare commercial metal building prices for sale in your area. Metal buildings are more in-demand in certain regions and your investment could be even more lucrative.
The vast majority of American homeowners also own a car, so a covered metal garage is essential if you want to attract potential buyers. Realtors commonly accept that a two-car garage can add as much as $30,000 to the value of your home, while a one-car garage will add $15,000-20,000. Your garage doesn’t need to be luxurious. A simple, well-maintained space is enough to tempt a buyer.
Bear in mind that commercial prefabricated metal buildings have numerous uses. If you decide to sell one of your cars, it’s easy to convert half of your garage into storage space. You could also make an outdoor break area for your employees and increase their productivity.
Commercial metal buildings also make great greenhouses, so you can grow food for family and friends. Although it often voids the warranty, it’s easy to install drywall and use your commercial metal building as an office, guest room, or rental property. If you want another revenue stream, install solar panels on the roof of your steel structure and live off the grid.
The possibilities are endless when it comes to customizing your commercial metal building. Whatever you choose, a steel structure is virtually guaranteed to increase the resale value of your property. Please call our qualified team with any questions about commercial metal building prices or logistics. Make an investment that will maintain its value as you pass it down to your kids or grandkids.