Stephen A. Turcotte is a retired Rear Admiral of the United States Navy. Born in Maryland, Turcotte grew up in Grand Rapids, Michigan.
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.
For the garage addition, the typical costs include: 1  According to author Stu Silverman the average cost of adding a garage begins at roughly $7,500, and for a two-car garage the average costs will go much higher.2  The above figures place the garage addition at $40 per square foo t. According to author Stu Silverman the average cost of adding a garage begins at roughly $7,500, and for a two-car garage the average costs will go much higher. 2  This sort of structure will average at $27,040. 3  The resale value of this update would hold at $21,635, or a nearly 81% return on investment.