How often have we bought a project kit by simply comparing prices and choosing the cheaper option, only to realize later that most of the components are missing? It happens to everyone at some point and not just you. Considering all aspects, not just the price is essential before buying. This is especially true when buying a steel building.
You might think that a lower price is favorable, but does that price include everything required for construction? It is a common mistake to overlook additional costs that might arise during construction. Therefore, it is crucial to compare all aspects of the purchase before deciding.
A rough answer to an estimated price would be $15 to $30 per square foot for a steel building. But it can go up as high as $300 per sq. ft. depending upon the size and complexity of the building.
This is a point that’s out of the control of both the buyer & seller. Since steel is a commodity, its price is highly affected by global supply and demand. A lot matters when determining the cost of steel, from fluctuations in supply & demand to geopolitical events.
Three factors are crucial when it comes to determining price due to location. They are:
Local building codes or HOA: Your local authority has a set of defined rules to ensure the safety and security of human occupants and neighbors. To follow these codes, you may need to make a few changes in the design or adjust the thickness of the steel panels.
You have to pay the permit fee and submit your site plan before beginning construction on your plan. How much a permit fee is applicable depends on your metal structure type and location.
For example, if you live in a relatively colder region with heavy snowfall, you may need to install a certified structure that can bear the snow load. Steel buildings can be designed to withstand a snow load of up to 20 pounds per sq.ft.
Price of Fuel: The current gas price decides the cost of shipping and delivery rates. If your manufacturer is located in another state, you may end up paying extra charges just for delivery. Hence, you must choose a reputed local dealer in your county or city to save costs.
Labor Rate: Labor rate varies with city and county. The cost of labor in rural America is going to be less than in the city or county where you live. Not just that, you may be eligible for sales taxes depending on your state.
Now, this feature is under your control. The more complex you design your metal building, the more you will end up paying for it. So, make a checklist and stick to what is essential. You can keep your wish list for some other time.
Note that the cost of metal building per sq. ft. declines with the size. For example, a large metal barn may cost you $15 per sq. ft., but a one-car steel garage may cost around $26 per sq. ft.
Further, there are things that can affect the price of your building, such as:
Size (Width in ft. x Length in ft.) | Height (in ft.) | Type of Metal Building | Estimate Price* |
20 x 36 | 10 | Utility garage | $11,529 |
42 x 26 | 12 | Vertical horse barn | $12,866 |
42 x 40 | 12 | Metal barn | $15,555 |
50 x 60 | 12 | Lean-to metal garage | $50,010 |
46 x 76 | 12 | Fully enclosed all vertical commercial garage | $65,639 |
*Prices are subject to location and availability. |
Let’s start with the basis and then dive into the details. The first question you need to ask is what is included in the final pricing of the metal building. For your reference, we have created an essential checklist you could use:
Name of service/ material | Cost | |
✔ | Raw materials (metal/ steel building kit) | It depends on the type of steel building you buy. |
✔ | Screws/ fastener/ nuts & bolts | Ask if your dealer provides you with fasteners in the same color as your metal building. |
✔ | Trim | Usually included in the kit. |
✔ | Ridge cap (esp. for vertical style roof) | Usually included in the kit. |
✔ | Gutter and downspout | Starts at $3 per ft. |
✔ | Color choice (Is it free?) Shipping | Usually included in the kit. |
✔ | Installation | Usually included in the kit. |
✔ | Foundation | For concrete- $4 to $8 per sq. ft.; For asphalt- $3 to $7 per sq. ft. |
✔ | Warranty | Usually included in the kit. |
✔ | Permit fee | For small projects- $50 to $300; For larger projects- $500 to $2,000 |
✔ | Certification galvanized steel, wind-proof, snow load, etc. | Usually included in the kit. |
✔ | Labor cost | 30 to 50% of the total project cost (if not free) |
✔ | Waterproofing cost | $0.5 to $3 per sq. ft. |
✔ | Utility lines | starts at $300 |
✔ | Extra doors and windows | $200 to $800 per door; For commercial grade – $900 to 5,000 depending on the size and no. of doors); $300 onwards for windows. |
✔ | Insulator | $0.75 to $4.5 per sq. ft. for affordable ones |
You may get all or some selected items included in the final pricing of your steel building. Before buying any steel structure, it would be best to talk to customer service about what’s included in their pricing. By using this, you will land the best of the deal.
It is essential not to decide to buy a metal building based solely on the price. It is crucial to thoroughly review the details of what is included in the price. At Viking Metal Garages, we strive to provide our clients with high-quality service and transparency. We do not conceal any details or pricing information that could lead to an unpleasant surprise later.