Barndominiums are an ingenious invention. These buildings are a mix between a condominium and a barn, and are often much cheaper to build than a traditional home. They can also be built within a fraction of the time, especially if you opt for a metal barndominium in New Mexico.
However, there are so many different laws and regulations that need to be abided by when you build a new home. This can lead to some confusion as to whether you’re allowed to build a barndominium in New Mexico. So, can you build a barndominium in New Mexico?
Can you build a barndominium in New Mexico?
Yes, you can build a barndominium in New Mexico! There may be a few rules you have to follow when building your new home, but there’s no question about whether you’re allowed to build a barndominium in the state of New Mexico. Great news if you want to build a more cost effective home that won’t take forever to build!
There are of course a few things you will need to bear in mind before you build your barndominium. Lots of cities won’t allow you to build a barndominium within the city limits, which limits you to more rural areas. This makes barndominiums an excellent choice if you want to retreat to country life. It also means that you will need to find a suitable plot of land for you to build your barndominium on beforehand.
You can of course convert an already existing building into a barndominium. Barndominiums can be either wooden or metal structures. However, most modern barndominiums tend to be the metal variant, as these have great durability and don’t require as much maintenance as traditional homes do. Metal barndominiums are also less susceptible to adverse weather conditions such as wind, rain, and snow, and are highly resistant to pests such as termites.
Another factor to consider is what insulation you would like to use. Barndominiums need to be insulated as you build them, or you will have to use a different insulation method. Blanket insulation is the cheapest and easiest way to insulate your barndominium in New Mexico, as you can insert it into the wall cavities as you build your new home.
One of the great factors that make barndominiums so popular is that you can customize them to suit your needs. You can better choose the interior setup, such as how many rooms you want to include, or what you use the space for. This will be a lot trickier to achieve with a traditional home.
How much does it cost to build a barndominium in New Mexico?
One of the reasons that barndominiums are so popular is because they are so cheap to build when compared to a traditional home. Building a barndominium in New Mexico costs roughly $104 per square foot. This will encompass all your livable space, and allows you greater freedom when customizing your home.
Building a traditional home in New Mexico costs roughly $150 per square foot. This is much more than it costs to build a barndominium. This price also only covers the structure of the building itself. It won’t include things like flooring or any interior features. Not to mention the appliances you will need to kit out your new home with to make it habitable!
It’s amazing to see the difference in cost between building a traditional house and a barndominium. It may not seem like such a saving at first glance, but think about how much that will add up over the size of your new building. If you were building a 1,500 square foot barndominium instead of a traditional home, that would be a saving of around $69,000. Think of what else you could spend that money on in your new home!
Ultimately, the cost of your barndominium will depend entirely on the square footage that you want to cover. The larger the ground you want to cover, the more expensive it will be.
How much is a 2,000 sq ft barndominium?
Now that we know the typical cost of building a new barndominium in New Mexico is roughly $104 per square foot, we can better work out how much it costs to build a full size building. To build a 2,000 square foot barndominium in New Mexico will cost you in the region of $208,000.
This only covers the cost of the structure itself, and you will need to factor in things like insulation, plumbing, and electrics. It also doesn’t cover the cost of the land itself that you will need to purchase beforehand. However, this will still work out as much cheaper than building a traditional home in New Mexico.
It’s also worth bearing in mind that buying a barndominium kit and building the structure itself will be cheaper than paying for a contractor to do the work for you. It can also be a rewarding feeling to build your own home! However, if you don’t have that much experience with building your own home, we would recommend paying for a contractor to build your barndominium. That’s because they will be able to properly put the building together, and kit it out with all the basic necessities such as plumbing and electrics.
And there you have it! You now know that you can indeed build a barndominium in New Mexico. There will be other factors you need to consider, such as where you will build it. You will need to have a suitable plot of land before you can even consider building a new barndominium. It will need to give your barndominium the level area it needs to ensure it’s a durable building.
We’ve also covered how much it costs to build a barndominium in New Mexico. It costs around $104 per square foot to build a new barndominium, which is a massive saving compared to building a traditional home. That means you can put all the money you’ve saved towards any extras you want to include in your new customized home!