I have a 100 year old barn. I want to find out how much it is worth to someone that wants to restore it or use the wood for other things. Where can I find out?
2006-09-23 02:47:04 · 8 answers · asked by rlchv70 2 in Home & Garden ➔ Other - Home & Garden
Well, that's a tall order. First, the condition of the barn has to be taken into consideration. Is it structurally sound enough to turn into a dwelling and would the city or county building code allow it? Secondly, obtaining an appraisal would be an important step as well. You'll need to know how much it is worth compared to other barns in your area. Or compared to other homes that have been converted from barns. Probably not an easy task in most area.
As for how much it is worth to people who want to use the wood, it will be worth what you can get for it. I know that sounds stupid, but everything sells for the right price. If someone is selling something and it doesn't sell fairly quickly, assuming they advertised it properly, then it's probably priced too high. New barn type boards selling at a home center should be compared to your old ones. Find out the average price per foot of new comparable wood in pine and possibly cedar, then you'll have a basis for your price. Consider the age of the wood you're selling and how nice it would look or function for others using it for decoration and remodeling a home, then price it accordingly. Remember too, supply and demand, if you have the only barn wood available in your area, you may get a premium price. If not, you may have to undercut your competitors. Good Luck!
rentahandyman@yahoo.com
2006-09-23 02:58:45 · answer #1 · answered by rentahandyman 2 · 0⤊ 0⤋
Obviously you have some idea that there is value in the old barn.
To arrive at an approximate amount by asking there needs to be some additional information provided.
Location, needed to determine local market potential
Size, needed to determine how the structure could be configured for the new use.
Style, will it be acceptable in the intended neighborhood or on the chosen site.
Condition, can it be moved in sections or will it have to be dismantled and reconstructed on the new site.
In the worst case the structure is beyond use save for salvage of the rustic wood. Rustic wood for picture frames or to use as repair pieces for other similar structures may be the only use.
Pieces the barn wood should bring at least 1 and 1/2 times the retail of a new board of the same size.
Hope this helps.
2006-09-23 11:05:12 · answer #2 · answered by Tim Taylor 3 · 0⤊ 0⤋
It depends on where it is. If it's in Manhattan or London, you could probably get $5 or $6 million for it. If you are out in the middle of a field in Oklahoma, and there are many such barns, then, probably much, much less.
2006-09-23 09:49:59 · answer #3 · answered by largegrasseatingmonster 5 · 0⤊ 0⤋
Okay, seriously, you gave no details at to where you are and we all know in real estate it is location location location. Ask for a realtor to come and evaluate it, as that is the ONLY way anyone will be able to tell you how much it is worth. I think anyone would have to have more common sense than this....
2006-09-23 10:00:12 · answer #4 · answered by cricketwinner@sbcglobal.net 4 · 0⤊ 0⤋
2 bucks
maybe if ya talked to a realator
maybe 2.50
2006-09-23 09:56:36 · answer #5 · answered by amythys 3 · 0⤊ 0⤋
I don't know but my guess is that it is worth 1 billion zillion fafillion pafrillion dollars!!!
2006-09-23 09:48:52 · answer #6 · answered by joeydelponte 2 · 0⤊ 1⤋
list it on e-bay
2006-09-23 09:48:40 · answer #7 · answered by Anonymous · 0⤊ 0⤋
noit much
2006-09-23 09:48:11 · answer #8 · answered by don;t know 3 · 0⤊ 1⤋