I won't say I am building another pole barn. I will say I am officially shopping hard right now though. Pricing it out. Got a number from Menards. Getting a price from Worch Lumber in Versailles. They have done a few buildings locally for people I know. Need to gather prices on pex for the floor and concrete.
Awaiting word from the bank. We have 2 out buildings on our property. With new govt regulations for banks and appraisers, they cannot add the value of outbuildings into the value of your property. You can have $100000 house with a $50000 building and they are not allowed to value at $150000. I am hearing appraisers might fudge a little and call it a $120000 house with no value to the outbuildings but not full value. Frustrating on my end. This means I need enough equity in my house to borrow for this. We refinanced two years ago to lower interest rate. Housing market was still real soft at the time. Need another appraisal or else we only have $20k in equity available (which won't build what I want.) Since I don't have $20-30k additional cash sitting around, I need a higher appraisal and I can NOT exceed budget. I anticipate $30-40k for this building. Buckmaster laughed and said it can't be done. He could be 100% right. I think it can be done, but I might have to do it in stages in order to do everything I want. Concrete and building this year. Pex pipe in floor this year. Next couple years (2-5yrs) save up for electric, insulation, and interior sheeting out of pocket. This would exceed my initial budget (putting me closer to BM Ben's price thoughts) but get me into the structure I want finished.
Absolute worst case scenario isn't all bad either. Worst case scenario involves adding onto the building we have on another property. Match the roof line, add on 56' (add on measured in 8' post distances with 4' on center roof trusses), and build it with one slider door on a gravel base. This would make my 30x40' building a total of 30x96'. The add on part would have pallet racking along all exterior walls except the wall with slider door. We could get equipment out of the elements and off the ground freeing up storage space in our other two cement floor buildings and the 30x40' cement floor structure already on that property. Not what I "want" but a cheaper compromise. Maybe we would only need to go 30x40 or 30x48'? Need to measure it out and see. Either route, it is always exciting planning and dreaming about "the ultimate shop builds" while doing it.