Have you considered purchasing or building a shed on your property, but want to know if it is worth the expense if you move? The answer is yes! Sheds can add value to your home in a variety of ways. Here are just a few reasons why a garden shed adds value to your home and why they are worth building if you don’t have one.
You Can Decide if You Want to Leave it or Take it With You
One important point when considering whether you should purchase a garden shed, even if you are planning on moving in the next few years, is that you can take it with you if you like. When you hire a real estate agent, you will fill out forms where you can indicate what you will be including and not including in the sales price. If you really love the garden shed that you picked out, you can exclude that from the sales transaction. You will want to make sure that this exclusion is noted on all documents that are prepared, so that it doesn’t become problematic in the 11th hour when the shed is no longer on the property and the buyer were expecting it to stay.
On the other hand, if you leave your shed, it only adds value to your property from the buyer’s perspective. It’s one less thing that they have to worry about.
One thing to keep in mind if you decide you want to take your shed with you is the expense of moving it. You might want to get some quotes and decide if it is cheaper to just leave it behind when you sell your home. Depending on how it was built, you will need to consider: if electricity was run to the shed, if you will need to make landscaping repairs after the shed is removed, and how much it will cost to transport the shed. You will also want to make sure that the shed is sturdy enough to be moved whole or if it will need to be disassembled. After hiring electricians, landscapers, and movers, it may be more cost effective to buy a new shed for your new home.
You can also build a new shed by yourself and save some money. These days this is easy for even a novice thanks to premium shed plans like those found at 3DSHEDPLANS.COM. These types of plans have easy to understand illustrations so that anyone can do the job in just a few days. You will save money by doing it yourself and not hiring contractors.
A Shed Can Add Real Value to Your Property
Sheds are considered outbuildings in the real estate world. Outbuildings are often included in property assessments as an improvement to the land. This, in turn, increases the value of your property. While the amount that you are being taxed is not typically a significant cost, compared to your house, it still adds a monetary value to your home.
Storage is Valuable
Anytime you have added storage inside or outside of your home, it is a valuable addition. Having a place to store your garden tools, lawn care equipment, and other items, frees up other spaces that you may normally keep them in, like a garage. Adding a garden shed adds storage and this is valuable to you or a prospective buyer. We all have stuff and we need a place to store it.
A Separate Space to Enjoy
Property values and resale value aside, there is something substantial to be said about an enjoyable and relaxing space on your property. Sure, an extra bedroom or craft room may be nice in your physical home but having an outdoor space that you enjoy going to can be extraordinary for mental health. This is an invaluable bonus for having a garden shed.
She Sheds and Man Caves were developed with this idea in mind. Where men have their Man Cave, women have a She Shed to go to for relaxation and self-care. Whether you use your garden shed strictly for gardening purposes or as a place to retreat, there are benefits for all garden shed purposes.
Value is Added in the Newly Created Space
A shed is never a waste of money whether you buy one or build one yourself. If you do buy one, make your purchase at the end of the growing season, when retailers are looking to free up space for other items. Also, don’t be afraid to purchase the floor model. Many stores will give you a considerable discount if you purchase the floor model of an item.
Having a shed, whether you plan on being in your home for two more years, or twenty years, is never a bad idea. The space you will create will be beneficial and the value you will add to your home can only help your resale value. Whether you decide to leave it behind or take it with you when you move, both have their pros and cons, so be sure to take everything into consideration before making a final decision.