Cost Differences Between Steel Buildings and Wood

Steel and wood are both common materials used for building framing, but they are very different in terms of the related costs. According to experts and statistics, the average cost of steel framing is between $9.50 and $11 per square foot, while the cost of wood framing ranges between $1 and $5 per square foot on the average. The difference seems substantial, but there are many factors that will influence how much your building framing will cost you over time – here are some:

• Durability and resistance – steel is superior to wood in terms of lifespan as well as resistance to the elements. While any wood is somewhat sensitive to excessive moisture, pests, wide temperature variations and is also a combustible material, steel is not sensitive to any of these phenomena, therefore it is the perfect solution for long-lasting safety;
• Insurance fees – the above features make steel a safer and more durable solution than wood and insurance companies acknowledge and appreciate these qualities offering much more affordable insurance premiums and much better insurance conditions than in the case of buildings that feature wood frames;
• The price of the material at the time of the purchase – both the price of wood and the price of steel tends to fluctuate widely, so the final amount that you will pay for your material will also be determined by general economic circumstances. Find some of the best steel building prices Colorado now offers for affordable building construction.

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