Although the home of Paul and Judy Pogue looks like a barn from the outside, the interior space reveals a luxury condominium that's suitable for comfortable living. Aptly called a 'barndominium,' the non-traditional housing is the work of Morton Buildings in Texas.
The old barn was transformed into the luxury home that it is today in an effort to offer the couple a truly unique living space, while making use of an existing structure.
The prevalence of farming families in the United States and around the world has seen a marked decline. This influx of farms needing to be transformed into family estates is being accommodated by brands like Morton Buildings that will likely continue as more consumers opt for digital careers.
Upscale Barn Condominiums
Morton Buildings Transforms an Old Barn into a Luxury Condominium
Trend Themes
1. Barndominiums - The trend of transforming old barns into luxury condominiums offers a disruptive innovation opportunity in the real estate industry.
2. Adaptive Reuse - The trend of repurposing existing structures, such as barns, for residential purposes presents a disruptive innovation opportunity in the construction industry.
3. Digital Careers - The increasing number of individuals opting for digital careers creates a disruptive innovation opportunity in the housing industry, as more people seek unique living spaces.
Industry Implications
1. Real Estate - The real estate industry can capitalize on the trend of barndominiums by offering innovative solutions for transforming old barns into luxury condominiums.
2. Construction - The construction industry can take advantage of the trend of adaptive reuse by developing innovative techniques and materials for repurposing existing structures, like barns, for residential purposes.
3. Housing - The housing industry can tap into the trend of digital careers by offering specialized and custom living spaces that cater to the needs and preferences of individuals in non-traditional work arrangements.