When it comes to adding value to an existing property, a steel parking garage stands out as a smart move for long-term investment with good ROI. Its impressive durability, ability to handle harsh weather, and minimal maintenance needs to resist structural decay, pests, fire, and rot are a few things that set a metal garage apart from traditional structures. However, one question that frequently comes to mind is about metal garage prices. That’s precisely why we have created this guide for you.
We will divide steel garage prices into two categories. First, we will cover the basic cost and then additional costs that will be added to the final budget. So, begin with the core costs.
Core Cost Factors For Metal Garages
I. Size And Dimensions
The dimensions of a parking garage, i.e., width, length, and height, can significantly impact the total cost.
Large Footprint: A bigger garage size will require more material and labor to erect, increasing the cost. For instance, if you choose a wider garage, it will need more supporting beams and roof panels.
Height: Metal garage prices depend on how tall the structure is. That’s because taller metal buildings will require more material for structural support and possibly a vertical roof with extra purlins, a ridge cap, and braces. The taller the building is, the more insulation it will need to create a comfortable interior.
Standard Vs. Custom Size: Standard garage sizes are pre-determined to fit most common needs and are generally affordable & quick to install. You can buy these from garages for sale online. Meanwhile, custom sizes are tailored to specific needs. They can be flexible but are on the higher price side.
Common Steel Garage Prices and Sizes Range
- A single car garage of 12 to 16 ft. wide & 20 to 24 ft. deep can cost $10k to $28k.
- 2 car garage of 20 to 24 ft. wide & 20 to 24 ft. deep, can cost $14k to $40k.
- 3 car garage of width 30 to 36 ft. & 20 to 24 ft. length, can cost $28k to $58k.
II. Roof Style
A metal parking shed comes in three roofing styles. Each has its own pros and cons, and they vary in price point, too. Let’s see them:
Features | Regular Roof | A-Frame Roof | Vertical Roof |
Cost | Affordable | Moderately priced | High initial cost |
Design | Rounded shapeHorizontal panels | A-shape frameHorizontal panels | A-shape frameVertical panels |
Pros | EconomicalEasy to install | Suitable for moderate climateExtra attic space | Highly durableExcellent water sheddingLow maintenance |
Cons | Less durableProne to leaks | Costs more than a regular roofNot suitable for harsh weather | Higher initial costRequire professional installer |
III. Customization Options
Doors: You can opt for roll-up doors or frameouts, depending on the use case. The cost of a roll-up door can be around $600 to $2500, depending on the size and quality of the material.
Walk-In Doors: They can cost about $500 to $2k and are useful for accessing storage without opening up the entire garage.
Windows: Depending on the size (2×2, 2×3, & 2.5×3), windows can cost about $150 to $1.2k.
Insulation: It is essential for temperature regulation and soundproofing so that it is comfortable to use all year around. The cost of insulating a metal garage building can be around $4.7k.
Lean-Tos: An additional open, shaded space to keep garden tools and supplies can be installed with a garage. It can cost around $16 per sq. ft. but will provide a multi-functional storage area.
IV. Material And Gauge Of Steel
You can opt for a 14-gauge or a 12-gauge thickness steel frame. Note that the lesser the gauge number, the more thickness and cost. Similarly, you can opt for 29-gauge or 26-gauge metal panels depending on the local climate and the size of the steel parking garage.
Cost Comparison: The cost of a 12ga frame garage of size 12×20 is about $6k, while the cost of a 14ga frame garage of size 12×20 is about $3.5k.
V. Location And Site Preps
Local Labor Costs: Areas with higher living costs generally have higher labor rates. For example, labor rates in metropolises like New York or San Francisco are usually higher than in smaller towns or rural sectors. In areas where labor is scarce, costs can be higher, too.
Proximity To Supplier: The closer you are to the supplier or manufacturer, the lower the cost of transportation will be, and low shipping charges will be applicable. For example, steel will cost less in areas that are close to industrial regions.
Climatic Conditions: Different geographical areas have different requirements to withstand weather patterns, such as areas prone to high-speed winds, which may require you to install a certified steel building that can withstand air currents.
Site Preparation: The type of soil on your lot and terrain will affect the cost of site preparation. For example, rocky and unstable soil will require extensive groundwork and a deeper base, which will increase the cost.
Additional Cost To Consider For Steel Garages
I. Permit And Inspection: The cost of a permit can vary from $100 to $1000, depending on the size and use of the metal parking garage. Some areas may require you to schedule an inspection before, during, and after constriction, which can add to the total cost.
II. Delivery And Installation Fees: Most prefab garages are made in a factory and assembled on-site. They are shipped in parts. So, the farther your location is, the higher the delivery charges will be. Some metal building dealers offer shipping and installation costs, which are included in their final quote. So, check them out before finalizing a deal.
III. Foundation Costs: Generally, a concrete slab is preferred for a metal building base as it’s durable, long-lasting, and can bear more weight. The cost of a concrete slab is about $4 to $8 per sq. ft. So, for a 12×20 size garage, a concrete foundation can cost about $960 to $1,920.
IV. Electrical And Plumbing Costs: Some garages, esp. commercial & agricultural ones, require electrical and plumbing for functional space. The cost of electrical wiring, outlets, and lighting can be about $1k to $3k, while the cost of plumbing setup can be $1k to $3k.
V. Maintenance: It is crucial to include upkeep charges in metal garage prices. Since steel is least susceptible to elements, maintenance is generally lower than that of traditional buildings, which cost about $200 to $500 annually.
Ensure regular inspection and monitoring are performed to avoid expensive repairs or replacements.
Getting Accurate Quotes on Metal Parking Garage Prices
Set A Realistic Budget: Check out various metal building dealer websites and estimate an average cost for the size of the garage you are looking for. Look out for metal garages for sale to save more cash.
Get Quote From Multiple Dealers: Compare the final quote from multiple dealers before finalizing one that fits your budget and needs.
Opt For Metal Garages For Sale: Usually, metal builders keep running sales offers on their website and social media handles. You can follow them to know about upcoming and ongoing discounts.
Look What’s Included In Final Quote: Some quotes might sound lower than the other. Don’t let this fool you. Always look for what is included in the final quote. Does the builder offer foundation, shipping, and installation? What material gauge are they offering? Etc. This will help you calculate the right price.
Ready To Take The Next Step In Your Steel Garage Investment?
Understanding factors that affect steel garage prices can help you make an informed decision and budget effectively. By considering things like material costs, labor charges, shipping, and installation fees, you will get a clear picture of what to expect in the final pricing. Do you have any factor to add to this list? Share your thoughts with us!