Are you looking for ways to increase your home’s value?
Storage buildings aren’t considered to be one of the most important improvements, but they should be.
Portable storage buildings are one of the best investments you can make into your home.
Storage is something every homeowner thinks about every day.
Here’s the issue…
Buyers NEED storage space and will pay more for it.
Selling your home with added portable storage space is key. You instantly increase curb appeal, add square footage, and give you home the edge it needs.
But how does adding storage increase value? We broke it down.
Contents:
- Why Storage Space Is Important When Selling Your Home
- Storage Buildings and Your Property Value
- Storage Building Options
- Portable Storage Building Features That Increase Home Value
- Portable Building Installation Tips
- Wrap Up
Why Storage Space Is Important When Selling Your Home
Millions of Americans feel claustified in their own homes.
In fact, 70% of Americans say they struggle with clutter and chaos. We constantly acquire things but have nowhere to put them.
Renting a storage unit is just another monthly bill. But when you own your own portable storage building, you eliminate that cost while adding value to your home.
Buyers have loads of questions when they tour your home.
One of the first things they do is walk around your property. When they see your portable storage building, they instantly start mentally placing their items inside of it.
Their decorations. Their tools. Their backyard toys and games.
Suddenly your storage building is filled with things in their mind. It may not be empty when they move in, but that’s okay. They know it can hold everything they own.
Storage Space = Value
Storage Buildings and Your Property Value
How much value does a portable storage building add to your home?
Well that depends.
Storage buildings can add anywhere from 1% to 2% value to your home. On a $400,000 home, that’s $4,000 – $8,000. Which isn’t bad considering they’re one of the least expensive ways to increase home value.
Here’s the crazy part…
They help you sell your home.
Properties that have storage options built in are more appealing. They sell faster. You have less open house dwelling on your hands. And there’s less room for low ball offers from buyers.
Don’t underestimate the power of storage. The self-storage industry is worth over $44 billion dollars for a reason.
Storage Building Options
CounterPoint Ventures estimates that by 2025, there will be 18.9 million self storage units in the United States. People need storage.
Not all storage buildings are created equal though. You want to make sure you pick the right style that matches your home and adds the maximum amount of value.
Traditional Storage Shed
This is your basic storage building. Great for lawnmowers, garden equipment, and excess storage. But home buyers know them and love them.
Barn Style Storage Building
These have more square footage thanks to the loft space. They work best on properties with country or farmhouse style homes. Many homeowners choose to install a pole barn for this classic look.
Garage Style Storage Building
This option is perfect for keeping equipment or second cars protected. If your property is missing garage space, try a portable garage.
Workshop Style Storage Building
Are you trying to appeal to the DIY buyer? Install a workshop style storage building on your property. Perfect for their hobbies and storage needs.
Pick a style that matches your home!
They should flow together when driving up the property. Don’t contrast your home with your storage building.
Portable Storage Building Features That Increase Home Value
You want your storage building to have the features that matter to buyers.
Foundation
This is the number one thing that will increase your home value. A portable storage building with a permanent foundation shows buyers it’s built to last.
Weather
Do you live in an area with crazy winters? Select a storage building with weather appropriate materials. Metal roofing. Treated lumber. Composite materials.
Wide Openings
Buyers want to be able to park their truck next to the storage building and load it up. Wide door openings allow them to do just that.
Windows
Yes, windows are important on your storage building as well. People don’t want to feel like they’re storing stuff in a bunker. Give them natural light and watch your value go up.
Security
Don’t forget locking doors. If your area is prone to theft, make sure your buyers know their items will be safe in your storage building.
Your storage building should have features that will increase its value to the next owner.
Portable Building Installation Tips
The location of your storage building on your property is very important.
You want to make sure you put it somewhere that provides maximum value and utility.
Parking is important. Where are they going to park when they’re unloading their new treasures?
You also don’t want water pooling under or next to your storage building.
Check with your city to find out what zoning requirements you should follow. You may need a permit.
Place your storage building where it will get enough sunlight. Don’t have it tucked away in a corner or shaded by trees.
Color your storage building to match your home’s color scheme. Install similar roofing if possible.
If you live in an area with heavy winters, shed preparation is important. Make sure you winterize your storage building every year.
Wrap Up
Think about all the houses you’ve toured.
Chances are you saw a storage building somewhere.
Storage buildings are the perfect solution to our ever-growing society. Don’t leave money on the table by skipping this valuable addition to your home.
Here are the takeaways:
- Storage Space is important to buyers
- Storage Buildings can increase home value by 1-2%
- There are many different styles that can add value
- Installment location will play a key role
Now you can enjoy the benefits of a storage building while it’s pumping up your home value.
And when you are ready to sell. BOOM. Instant value to potential buyers.