How Much Does a Metal Building With Living Quarters Cost?

Steel residences are economical, highly customizable alternatives to traditional homes made of wood, stone or stucco. Often used as primary residences, granny flats, in-law apartments or “barndominiums,” which merge living space with other usable space, steel homes have skyrocketed in popularity in recent years. They’ve also made an especially strong impression among homebuyers seeking low-maintenance living spaces that bring with them low costs of construction.

Metal Residence

Steel homes, or steel buildings with living spaces within them, are often more energy efficient and easier to maintain over their lifetimes than most alternatives, leading to lower costs of ownership. So, how much of an investment is a metal residence?

Variables 

As you can imagine, the final cost of your steel residence will depend on its size, location (i.e., whether you already have foundation in place), customizations, insulation, HVAC systems, design complexity and so on. However, you can find a good place to start your estimate if you have a general sense of the size of the home you plan to build.

Determining Approximate Costs Per Square Foot 

When estimating the costs of building a metal building with living quarters, you must consider the cost of the materials for the building, itself, as well as the costs associated with erecting it. A 30’x60 steel home is a common and popular size that leaves you with 1,800 square feet, so we’ll use that for the purposes of estimation.

Most metal home buyers wind up paying between $8.61 and $9.72 per square foot for the basic materials needed to build their homes. As far as construction costs go, expect to pay somewhere in the range of $4 to $8 per square foot to construct the steel building with living quarters. After factoring in the cost of materials and the cost of erection, you’ll likely pay a base price of between $22,698 and $31,896 for a traditional 30’x60’ metal home and its erection.