Repossessed Storage Sheds: Finding, Options, and Backyard Uses
Discover repossessed storage sheds and find practical solutions for extra space. These sheds offer durable, ready-made storage options at unique opportunities, helping organize your belongings, protect outdoor items, and enhance your property’s functionality.
Where to Find Repossessed Storage Sheds
Finding repossessed storage sheds requires knowing where to look. Many financial institutions and retailers that offer financing on sheds will eventually sell repossessed units when customers default on payments. Local shed dealers often have a section dedicated to repossessed or returned models at discounted prices. These dealers may partner with finance companies to resell structures that have been reclaimed due to payment defaults.
Another reliable source is auction houses that specialize in repossessed items. These auctions may be held in person or online, with platforms like GovDeals, Public Surplus, and AuctionZip regularly featuring garden sheds and storage buildings. Government auctions can also yield good finds, as municipalities sometimes sell unclaimed or surplus structures. Additionally, classified websites like Craigslist and Facebook Marketplace often feature listings from individuals or small businesses selling repossessed sheds they’ve acquired in bulk.
Repossessed Storage Shed Options
The variety of repossessed storage sheds available is surprisingly diverse. Common materials include wood, metal, and vinyl, each offering different benefits in terms of durability, maintenance, and appearance. Wooden repossessed sheds tend to be the most customizable but may require more maintenance. Metal sheds are typically more affordable and resistant to pests but can be prone to rust in certain climates. Vinyl options offer low maintenance and good weather resistance but may have less structural strength than other materials.
Size options for repossessed sheds range from small 6×8 foot units suitable for basic garden tool storage to large 12×20 foot buildings that can function as workshops or hobby spaces. Construction quality varies significantly among repossessed sheds—some may be nearly new with minor cosmetic issues, while others might need substantial repairs. Features to look for include proper ventilation, reinforced flooring, weather sealing, and secure doors. Many repossessed sheds also come with built-in shelving, workbenches, or electrical wiring, adding to their value and utility.
Repossessed Storage Sheds for Backyard Use
Integrating a repossessed storage shed into your backyard requires thoughtful planning. Before purchase, check local zoning regulations and homeowners association rules regarding shed placement, size limitations, and permit requirements. Proper site preparation is crucial—the ground should be level, with adequate drainage to prevent water damage. Consider installing a gravel base or concrete foundation depending on the shed’s size and your soil conditions.
Repossessed sheds can serve multiple functions beyond simple storage. With minimal modifications, they can become garden potting stations, home offices, craft studios, or exercise spaces. Some homeowners convert larger sheds into guest accommodations or entertainment areas. The aesthetic integration of your repossessed shed is also important—painting, landscaping around the structure, and adding pathways can help it complement your existing backyard design rather than appearing as an afterthought.
Cost Considerations for Repossessed Sheds
The primary appeal of repossessed storage sheds is their significantly lower cost compared to new units. Typical savings range from 30% to 60% off retail prices, depending on the shed’s condition, age, and features. Small basic repossessed metal sheds might cost $500-$800, while similar new models retail for $1,200-$1,500. Mid-sized wooden repossessed sheds typically range from $1,500-$3,000, compared to $3,000-$5,000 new. Premium large repossessed structures with additional features may cost $3,000-$7,000, while their new counterparts could exceed $10,000.
Shed Type | Average New Price | Average Repossessed Price | Typical Savings |
---|---|---|---|
Small Metal (8×6) | $1,200-$1,500 | $500-$800 | 40-60% |
Medium Vinyl (10×8) | $2,000-$2,800 | $900-$1,400 | 45-55% |
Large Wood (12×16) | $5,000-$7,000 | $2,500-$4,000 | 35-50% |
Premium Barn Style (12×20) | $8,000-$12,000 | $4,000-$7,000 | 30-50% |
Prices, rates, or cost estimates mentioned in this article are based on the latest available information but may change over time. Independent research is advised before making financial decisions.
Additional costs to consider include transportation (typically $200-$500 depending on distance), site preparation ($100-$800), foundation materials ($150-$1,000), and potential repairs or modifications ($50-$500). Some sellers offer delivery and installation services for an additional fee, while others sell “as-is, where-is,” requiring you to arrange transportation and setup.
Evaluating Condition and Value
When considering a repossessed storage shed, thorough inspection is crucial to avoid costly mistakes. Examine the structure for water damage, which may appear as warping, discoloration, or soft spots in wooden components. Check for structural integrity by evaluating floor joists, wall studs, and roof trusses. Look for signs of pest infestation like termite damage or rodent nests, particularly in wooden sheds. The roof deserves special attention—missing shingles, rusted metal, or damaged membranes can lead to leaks and further deterioration.
Door functionality, window seals, and hardware condition are important considerations that affect security and weather resistance. If possible, bring a level to check that the structure sits evenly, as significant tilting could indicate foundation problems or structural weakness. Taking numerous photographs during inspection helps document the shed’s condition and can be useful for planning repairs. Consider having an experienced contractor evaluate any major repossessed shed purchase, especially for larger or more expensive units.
Conclusion
Repossessed storage sheds represent an excellent opportunity to acquire functional backyard space at a fraction of the cost of new buildings. By understanding where to find these structures, evaluating the various options available, and planning appropriately for their use in your backyard, you can make a smart investment that adds value to your property. While condition issues may require additional work or investment, the significant savings typically outweigh these considerations, making repossessed sheds worth exploring for budget-conscious homeowners.