Pole Barn

For living quarters why not just get an RV or travel trailer? That way you would have the full space inside for your shop, and when it gets too cold you can always head south;). I had a friend who lived in one inside his shop and it worked out fine for him, with 3 acres you could have a pretty nice RV pad for summer and move it inside during the winter.

Another option would be a manufactured home, you can get some good deals on repo units and if you did that you'd have better luck selling the property later. While you might fancy an apartment inside your shop the next prospective owner would probably have a hard time selling the idea to his missus....

My barn had an insulated 14' roll-up door on one end and a smaller one on the side plus man doors and windows. If you do end up buying this one I would just bite the bullet and have doors installed right after getting the floor poured. I bet when you price it out, any DIY option will only save a few hundred over just having new roll-up doors installed. Does the property already have a well and septic drainfield? If not count on that expense too. For the concrete, think about where you might want machines or workstations and put conduit in the floor for power.

I don't know the breakdown in cost between a heated floor and a tube heater but I had the floor heat in our bedroom stop working during a cold winter and none of the HVAC guys in our town has been able to get it going again. The boiler is awesome but if something goes wrong with the pipes in your slab you'll be out of luck.

I had an overhead infrared tube heater in my 40x60 insulated commercial pole barn in Michigan and it heated the place up quickly with no problems. It's nice to be able to turn everything off and walk away in the winter so build with minimal plumbing and easy access to blow everything out with your compressor. If you get busy at work and can't spend much time in the shop you don't want to have to keep the heat on.

I don't know if you're working with a real estate agent but you might be able to find something that already has a house on it for not too much more money. Pole barns are relatively cheap and fast to put up compared to houses and the cost of adding a well and septic system might make getting a place with a house already on it cheaper than modifying a barn for living quarters.

John
 
Well I don't know anything about that area. But for 15 years I did real estate appraisals. Probably between 8,000 and 10,000 single family appraisals. Back then you had to fill out a form for FNMA on how many appraisals you had done. That stopped in my 5th year and I had already done over 4,000 appraisals. With that type of experience you can drop into any area and figure out the market fairly quickly. I held the SRA designation from the Society of Real Estate Appraisers.

I went to Annandale on Zillow and expanded the search out to about a 10 mile radius. The only similar property currently for sale was an 8 ac parcel on a lake with two smaller metal shop buildings. List price $109,000. Based on that listing the listing you linked to is definitely overpriced. Another clue that it is overpriced is that it is a FSBO (for sale by owner) and has only been on the market for a couple of days. FSBO's are always overpriced.

For the price of that property you can get a house with a 2 car garage. Find a good realtor in the area. He or she will be able find properties that suit your needs and are livable.

Besides looking on Zillow look on Realtor.com Realtor.com usually has more listings than Zillow.
 
When we were looking around here back in '12 there were several that were ~40'x60' with an apartment inside the building.
Some were pricey though. There was one in a 50'x100' that had an upper 2-bedroom unit that was done up real fine.
It was listed at $349,000... But it did have 3-phase power. I was not keen on the stairs though.
My Better-Half was keen on the idea. We even kicked around doing a 5th wheel inside of one we had looked at.
I hind-sight if we had it to do over (and the cash) I would have liked it better than dealing with the house re-hab.

One thing I didn't see in the listing was any mention of sewer/septic...
 
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