How Much Does A Steel Building Cost?

Apr 21, 2020 | General Contracting, Steel Buildings

Steel Building Cost

If you’ve noticed a preponderance of steel buildings wherever you live, work or travel, you’ve probably wondered how they have suddenly popped up on the scene in all shapes, sizes, and designs. You’ve also probably thought about what the cost would be for just one of those steel buildings. Here’s some information to better help you understand the breakdown in the costs of a steel building.

How Much Does a Steel Building Cost?

Costs today for a steel building can range from around $3,000 plus for a smaller steel building to well over $45,000 for a larger industrial steel building. Like any other product or commodity prices are rising, though steel buildings are often more cost effective than other more conventional buildings of similar size and structure.

Here are other examples of approximate costs for steel buildings by the type or size of the building:

  • Steel buildings that are pre-fabricated or pre-engineered average $18 a square foot.
  • Steel buildings for storage that measure 10’x10’x10′ cost between $7,000-$9,000.
  • Steel Buildings used as workshops or storage units that measure 30’×50′ average $16,000 in cost.
  • Steel buildings that measure 50’×100′ average $19,500 in cost.
  • Steel buildings that measure 60’×80′ and are insulated and contain windows average $41,000 in cost.
  • Steel buildings that measure 12’x6′ average $2,400 in cost.

What Will Affect the Cost of a Steel Building?

You need to know that the actual prices for physical steel (the commodity) change regularly, and this will affect the price of any steel building that you purchase. If you are interested in buying a steel building, the steel building sales company you choose to deal with will give you a quote or estimate. If you follows through with an order, the quote will usually stand throughout the process of the sale and on into the construction and installation phases; however, it’s always a good idea to inquire directly with a company concerning steel building prices and not rely on prices that you might have seen posted on a website or in a company sales brochure from prior years.

What Will Affect the Underlying Costs of a Steel Building?

Before you initiate the purchase of a steel building, there will be factors to consider that will figure into the cost of the building, such as:

  • Size of the building
  • Type of building design and construction
  • Use of the building (Commercial or residential)
  • Property location for placement of the building
  • Building code requirements/regulations
  • Any building customization
  • Warranty or extended warranty plan costs

What are the types of steel buildings?

The type of steel building you need will be what determines your building costs. As steel buildings come in all shapes, sizes and types, what you need is going to hinge on how you’re going to use the building.

Steel building types vary in price and function and the most common structures are categorized as follows:

I-beam – You can use an I-beam steel structure in almost any building. They are extremely strong and can support a great deal of weight. I-beams are used in buildings that range from 20’x20’ all the way to 200’x400’. The price range is anywhere from $9,000 and up and will depend on the size structure you choose.

C-channel – This choice is best used with garages and storage units and is similar to structures that incorporate I-beams. Their prices range from $7,900 and up.

Tube buildings – This building type is less costly but it does have limits in its use. You’ll see tube building used for both carports and Quonset huts. Tube frames range in price from $9,000-$24,000 and depend on the size needed.

What are the benefits of a steel building?

Steel buildings have many benefits that include cost-saving factors of time, efficiency, maintenance, insurance, and other factors. Here are many reasons to take advantage of the benefits of a steel building:

  • Steel buildings are time savers. When you use steel in your building design, you are usually purchasing a building that is pre-made or partially ready to go. With most of your building in place, you can do what you want to make it fit your needs, plus you aren’t spending extended time completing it. Most steel building projects are finished in a short time as opposed to months on end with a more conventional structure.
  • Steel buildings are durable. A steel building is structurally sound and can endure most any kind of weather situation and other sources of damage. Wood structures will face deterioration through rot, wear and tear on exteriors and other breakdowns that steel can endure.
  • Steel buildings are money savers. With a steel building’s durability, you’ll face less in maintenance costs than you would with a traditional wooden structure. Steel is pretty much self-sustaining and requires limited upkeep.
  • Steel buildings are fire resistant so insurance costs for a steel structure will be less than those of a wooden building.
  • Steel buildings are energy efficient which means that over time you will save on utility costs.
  • Steel buildings are friendly to the environment. A steel building requires fewer materials to construct one so there is less waste and the material in a steel building can be recycled. The environment is less affected by the composition of a steel building as it is with a traditional wood structure.   
  • Steel buildings aren’t susceptible to the same type of exterior or interior treatments as a wooden structure would be. They require no dangerous or toxic chemicals to maintain their functioning.
  • Steel buildings can be easily increased in size or altered to include doors, windows and other interior or exterior elements.
  • Steel buildings are much easier to move to another part of a property, relocate to a different area altogether or to completely replace them.

Why should I choose a steel building for use as opposed to a storage rental?

As rental costs across the country increase for housing, so do rental costs for storage units. Access to a rental storage unit can be limited and if you need immediate entrance to retrieve important items, you could be out of luck. You can easily spend $50-$125 a month or more on a rental storage unit that you could use towards the cost of a steel building where you could easily retrieve most anything you wanted, when you needed it.

If you’re storing all-terrain vehicles (ATVs) lawnmowers, tools, bicycles, sports equipment, or need a workshop for repairing larger items, investing in a steel building that is prefabricated or part of a kit would save you a substantial amount. In addition, you would eliminate rental costs and wasted time and effort getting to a storage unit to retrieve items or to work on a project. By the way, many steel building companies will help you set up a pre-fabricated or steel building kit for free.

Related Questions

What do I need to understand about building a steel structure?

You need to understand the regulations and building codes in your area as to the specifics of building your structure and where you will locate it.

States, cities and counties have regulations concerning building a structure and there are zoning laws that go along with whether your structure is going to be built in a commercial or residential area. Before you erect a structure, find out about the zoning laws in your area. Both zoning and building codes will determine what type of structure you can buy and use. Pricing of your steel building will also be affected as any regulations will determine how your structure is built. You may have to pay for added building costs, building permits and other incidentals that relate to your structure.

What if I want to customize my steel building?

Customizing the steel building you choose will increase your overall building bottom line price. A steel building has a basic look and design and you may need to make changes with it to accommodate your needs. In order to get a close estimate or quote, any custom work you want to be performed should be addressed from the beginning of your sales order. Just be sure you know that your original quote will be modified to reflect these additions.

The following custom additions or changes will affect your overall price and original quote. They include:

  • Color choices
  • Siding choices
  • Door placement and the number of doors
  • Window placement and the number of windows
  • Insulation installation
  • Any interior changes that include framing out rooms
  • Installing flooring
  • Installing kitchen and bathroom fixtures
  • Installing appliances
  • Installing cabinetry
  • Any other changes that reflect the inclusion of
  • Plumbing
  • Wiring
  • Gas lines or other power sources

What are the overall costs of a steel building going to depend on?

  • Price fluctuations of raw steel – commodity
  • How much you’re willing to spend (with or without customization)
  • What size and type of building you need
  • How you want to use the building
  • Where you want to locate the building
  • Your state, county or city regulations, building codes and zoning laws

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