ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

This Barn-Style Home Is Selling For Just $2,400; Would You Buy It?

The company advertised the product as a space that is perfect for storage lawnmowers and garden tools.
PUBLISHED MAY 31, 2023
Cover Image Source: Home Depot Website
Cover Image Source: Home Depot Website

A farmhouse-designed shed is selling for $2,400 on Home Depot. The house is featured in the Handy Home products line, which is a manufacturer of wood sheds. The company advertised the product as a space that is perfect for storing lawnmowers and garden tools, as per The US Sun. The home improvement store did not specify if the shed can be transformed into a tiny home. 

Home Depot dubs the product as DIY (Do-it-yourself) and says that it can be assembled with simple tools like a "hammer, screwdriver, tape measure, level and stepladder," found in every household. Once assembled, the shed becomes a simple wooden storage with a finer farmhouse-themed design. 

The website says the product is an easy-to-assemble DIY barn-style wood shed kit with 2x4 framing. 

Credit: Home Depot Website
Credit: Home Depot Website

The product description reads, "The Handy Home Products Briarwood 10 ft. x 8 ft. do-it-yourself Wood Shed Kit with floor starts off right, with generous, 4.5-in. deep roof overhangs and two gable vents. The ideal-sized, 48 in. wide x 6 ft. high double doors with full-length hinges, provide easy access for all your tools of the trade. A clean, open floor plan gives way to 708 cu. ft. storage capacity with 6 ft. 4 in. high side walls and a 10 ft. 2 in. high peak. "

Then it goes on to talk a little about the aesthetics and says that it can be customized in "the way you want," which includes a hammer, screwdriver, tape measure, level, and a stepladder. The dwelling also features a premium, keyed locking T-handle for added security. One can also add optional accessories. The shed is originally windowless but the website says that one can buy optional windows separately. The product can also be bought with or without a floor. 

The Reviews

Credit: Home Depot Website
Credit: Home Depot Website

The website has a total number of 12 reviews and a 4.9 out of 5 rating. The buyer simply raved about the product in the review section, "I purchased the shed earlier this summer and I couldn't be happier" one review read, while another said, " I’m not a builder at all but I actually built this shed with the easy instructions and everything was a pre-cut piece of cake"

The Growing Trend of Tiny Homes

Tiny sheds have increasingly gained traction as more and more people look for exciting and efficient ways to cut costs. According to another report by The Sun, the same home improvement store sold a tiny home for $12,475 that came with pre-assembled parts. The minimalist tiny home is made of high-quality steel and termite and shrink-proof wood. 

The Tiny Home Movement

Pexels | Stijn Dijkstra
Pexels | Stijn Dijkstra

The number of tiny homes grew rapidly to around 10,000 tiny houses in North America alone, according to Go Downsize.com. People are buying tiny spaces because of the flexibility of owning a free-standing home that can be moved to different locations. The fact that nobody has to comprise on comfort and craftmanship is also contributing to the surge in numbers.

According to Technavio, the time home market size is estimated to grow at a CAGR of 4.88% between 2022 and 2027. Hence the size of the market is predicted to increase by $4,171.33 million.

Key Drivers

Affordability: Tiny houses are seen as the most affordable living system and are being preferred by Gen Zers and Millenials. 

Sustainability: People are becoming more and more mindful of their choices in life. Tiny Homes also promote mindful buying behavior. They also use way less energy, making less carbon waste.

MORE ON MARKET REALIST
The guest had endured a lot of criticism for buying the prints at even such a low price.
6 hours ago
Things got intense for her as she unlocked a mega cash with just one key in her hand in the "Master Key" game.
8 hours ago
A popular name has come up in every conversation about White's successor.
1 day ago
Lori Greiner wasn't happy at all as Mark Cuban and Maria Sharapova snubbed her for a deal.
1 day ago
Fans took to Reddit to discuss the issue with Seacrest not reminding the players of one crucial element.
2 days ago
When Rick Harrison's side kick bought King Booker's boots, he had to make sure it was the real deal.
2 days ago
Turns out the Hollywood star is quite the fan of former U.S. President, Ronald Reagan.
2 days ago
Harrison bagged one of Jabbar's personal items and a chance to go to a Lakers game with him
3 days ago
Recently, the Bonus Round of the show has featured many old phrases that led to heartbreaking losses.
3 days ago
Lubetzky was the first to drop out but then came back as he was impressed by the entrepreneur.
4 days ago
The appraiser took the guest's breath away as she was expecting to get much less for it.
4 days ago
The show got close to hitting the record of the longest Bonus Round losing streak.
4 days ago
She continued to be hyperactive throughout the game even with her answers.
4 days ago
With four offers on the table, the founders of Bucket Golf smartly got a deal that they wanted.
4 days ago
Fans took to Reddit to discuss if the show has gotten a little too social for its style.
5 days ago
When the Holy Grail toy came up to Harrison's table, he wasn't willing to let it go.
5 days ago
The founder of 'Noshi Food Paint' was down to the last shark for a deal.
6 days ago
Ashia who won $25,000 executed an epic celebration after her win in the "To The Penny" game.
6 days ago
Harrison was offering more than he usually does but the seller was also adamant.
6 days ago
It turned out that the gift came from one of the greatest American sculptors in history.
6 days ago