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Garage demolition-basic concrete and wood structure for $4,250 being the final cost. Final Cost: $1,000. Space Converted to a Garage for $1,000. The garage in my home had been converted to a bedroom and I hired Watco to restore it back to a garage.
New Garage Costs. 1  According to HomeAdvisor.com, a new garage costs between $9,000 and $45,000, with an average cost of roughly $20,000 to $30,000. 2  Per square foot (psf), expect garage prices to begin at $30 to $50 psf for basic materials.