What would you do with some extra space around your home? While it might not be feasible to build out an addition for your house, you could build a garage and get some of the same benefits. Whether you plan to use it for extra storage, vehicle maintenance, or to keep your car clean, building a garage averages about an 81% return on investment. That’s great, but you still need to know if it’s in your budget before getting started. So, how much does it cost to build a garage? Keep reading this guide to learn about the different factors that affect the overall garage cost and the average amount you can expect to spend.
Factors That Affect Average Garage Prices
Every garage is a bit different, meaning the cost can vary wildly. While planning out your garage build, you’ll need to keep a few factors in mind, as they can impact the final cost of the project.
It should come as no surprise that the bigger your garage, the more expensive it costs. Most often, you’ll choose between a one-, two-, or three-car garage.
A small one-car garage is usually around 12′ x 24′, while a large three-car garage is around 32′ x 22′. Consider how much space you need in your new garage and budget accordingly.
Where will your new garage go? Is there already a space cleared out for it or is there significant site prep that needs to happen first?
If your land needs to be leveled and prepared, that means your project will be more expensive.
You have options when it comes to the door, floor, ceiling, and wall materials used in your garage. While drywall is the standard choice for walls, you might want to upgrade to a different material, depending on what you plan to do in the space.
The flooring you choose impacts the price as well. For example, you might choose a beautiful concrete coating solution for the floor from a company like Garage Force. Prioritize what’s most important to you and create your budget from there.
If you know what you want going into the project, it’s easier to make accurate estimates.
Finished vs Unfinished
Many garages are left unfinished, especially if they’re used for storage. But, if you want to use your garage as a workshop or even a place for social gatherings, you may want to finish it.
This means you’ll have to pay for added insulation, lighting, and heating/cooling, which can drive up the price.
How Much Does It Cost to Build a Garage?
Keeping the above factors in mind, the price of your project can range by thousands of dollars.
Generally speaking, you should expect to pay somewhere around $7,000 on the low end. However, if you choose a larger garage with upgraded features, you might pay upwards of $30,000.
Ultimately, the choices you make about your project determine the final price.
Upgrade Your Home
Now that you know the answer to the question, “how much does it cost to build a garage?” you can start budgeting for your project.
Not only will a new garage help upgrade your space, but it will also be attractive to potential buyers should you decide to sell your home in the future.
Before you go, browse through our other articles for more home improvement inspiration.