How to Create A Budget For Building an Outdoor Storage Shed?

25 minutes read

Creating a budget for building an outdoor storage shed involves careful planning and consideration of various factors. Here are some key points to consider:

  1. Determine the size and design: Start by deciding on the size of the shed you want to build and the design that suits your needs. Consider factors such as the amount of storage space required, any specific features or add-ons you want, and the purpose of the shed (e.g., gardening, tools, or general storage).
  2. Research materials and costs: Look into different building materials, such as wood, metal, or plastic, and evaluate their prices. Consider the durability, maintenance requirements, and aesthetics of each option. Additionally, research the costs of roofing materials, flooring, insulation, windows, doors, and any other necessary components.
  3. Plan for foundation and site preparation: Determine if you need to build a foundation for your shed, such as a concrete slab or blocks. Research the costs associated with the necessary site preparation work, such as leveling the ground or removing any obstacles.
  4. Secure required permits: Check with your local municipality or homeowner's association to see if you need any permits or approvals before building a shed. Find out the associated costs, if any, and factor them into your budget.
  5. Estimate labor and tools: If you plan to hire professionals for the construction, research different contractors and obtain quotes for their services. If you intend to build the shed yourself, calculate the costs of tools, equipment rental (if required), and any helpers you may need.
  6. Consider utility connections: If you plan to add electrical or plumbing connections to your shed for lighting, heating, or water usage, factor in the expenses of hiring professionals to handle these installations.
  7. Budget for finishing touches: Consider any additional features you may want to add, such as shelving units, workbenches, or lighting fixtures. Allocate a budget for painting or staining the shed, as well as any decorative elements.
  8. Anticipate unforeseen expenses: It's always wise to set aside a contingency fund for unexpected expenses that may arise during construction, such as repairs or adjustments, unforeseen material costs, or changes in plans.
  9. Gather quotes and finalize budget: Once you have gathered all the necessary information regarding materials, labor, permits, and additional expenses, compare the quotes and finalize your budget accordingly.
  10. Continuously track and manage expenses: As the construction progresses, diligently track your expenses and manage them within your budget. Keep in mind that unexpected costs may still arise, so be prepared to make adjustments to your budget as needed.


Creating a budget for building an outdoor storage shed requires research, careful planning, and considering all relevant factors. By doing so, you can ensure that you have a clear understanding of the costs involved and avoid any financial surprises throughout the construction process.

Best Outdoor Storage Sheds of 2024

1
Rubbermaid Outdoor Small Vertical Resin Storage Shed, 5x2 Feet, Brown, Weather Resistant Utility Shed with Lock for Storage for Lawn Accessories/Power Tools/Outdoor Toys/Hose

Rating is 5 out of 5

Rubbermaid Outdoor Small Vertical Resin Storage Shed, 5x2 Feet, Brown, Weather Resistant Utility Shed with Lock for Storage for Lawn Accessories/Power Tools/Outdoor Toys/Hose

  • Storage Shed dimensions – 52” W x 31” D x 81” H | Storage Capacity – 53 cubic feet
  • Leak-resistant, dent-resistant, weather-resistant
  • Easy to assemble. Extra deep fit for large, hard to store items
  • Heavy duty, impact resistant floor included | Lockable (lock not included)
  • Use Rubbermaid wall anchors to add pegboard, shelves and other organizational accessories to the inside of the shed
2
Devoko Outdoor Storage Shed 5 x 3 FT Lockable Metal Garden Shed Steel Anti-Corrosion Storage House with Single Lockable Door for Backyard Outdoor Patio

Rating is 4.9 out of 5

Devoko Outdoor Storage Shed 5 x 3 FT Lockable Metal Garden Shed Steel Anti-Corrosion Storage House with Single Lockable Door for Backyard Outdoor Patio

3
Aoxun Outdoor Storage Shed, 4x6 FT, Garbage Can,Outdoor Metal Shed for Tool,Garden,Bike, Brown

Rating is 4.8 out of 5

Aoxun Outdoor Storage Shed, 4x6 FT, Garbage Can,Outdoor Metal Shed for Tool,Garden,Bike, Brown

  • 【Spacious Outdoor shed】The 4×6FT Outdoor storage shed measures 51"L x 76"W x 77.6"H. This outdoor storage shed is perfect for your outdoor storage needs. This metal garden shed can store your snow blowers, shovels, outdoor chairs, bicycles, and toy cars. You can also buy some storage racks to hang on your outdoor storage shed to organize your shovels, umbrellas, antennas, escalators, and more.
  • 【Unique Excellent design】The sloping roof design not only increases the use area, but also prevents rainwater from gathering at the top for a long time. Special design of air vents to prevent any lack of air inside. Pad-lockable doors give easy access to your stored items and enhance the safety.
  • 【Multifunctional use】The versatile outdoor storage shed that’s available for multipurpose use, such as a convenient garden storeroom, a warm pet shelter, or a tidy garbage collection chamber; Perfect for backyard, garden, patio, which is a great shed house for backyard!
  • 【Durable and Stable Storage Shed】Durable structure and thick galvanized steel, waterproof, which make it easy to cope with all kinds of bad weather and have a long service life. Thick metal supporting roof and stacked wallboard make the whole structure more stable.
  • 【Upgraded Package】All parts of the outdoor closet shed have stuck a part number label, with a step-by-step manual. Note: The tool storage shed needs to be assembled with two-person. We also provide two pairs of gloves to facilitate your installation.
4
AECOJOY Outdoor Lean to Storage Shed, 4.2' x 7' Small Metal Wall Side Door Sheds & Outdoor Storage, Outdoor Storage Cabinet for Garden, Backyard

Rating is 4.7 out of 5

AECOJOY Outdoor Lean to Storage Shed, 4.2' x 7' Small Metal Wall Side Door Sheds & Outdoor Storage, Outdoor Storage Cabinet for Garden, Backyard

  • Effortless Installation: Our user-friendly guide, detailed manuals ensure a trouble-free setup experience. Additionally, our expert technical team is available for remote assistance whenever you require support.
  • Outdoor Storage Solution: This top-notch storage shed boasts a spacious footprint of 28 square feet, featuring a door measuring 2.3 feet. With ample space to accommodate 4 lawnmowers, 6 kids' bikes, 4 snowmobiles, or 2 Vespa motorcycles, it provides the perfect solution for all your outdoor storage needs.
  • Protective Features: The shed is coated with galvanized material, ensuring resistance against rust, oxidation, and moisture. Its sloped roof design effectively prevents water pooling and leakage, making it a reliable choice for your outdoor storage needs.
  • Durable & Strong: Enhanced metal plates elevate the shed's weight to 112 lbs, surpassing cheaper alternatives and significantly enhancing its stability. It can withstand severe weather conditions with exceptional wind resistance of approximately 70 mph.
  • Impeccable Service: Enjoy a 1-year warranty and lifelong customer-friendly support available 24/7. We are always prepared to assist you, ensuring a flawless experience.
5
Keter Manor 4x6 Resin Outdoor Storage Shed Kit-Perfect to Store Patio Furniture, Garden Tools Bike Accessories, Beach Chairs and Lawn Mower, Grey & White

Rating is 4.6 out of 5

Keter Manor 4x6 Resin Outdoor Storage Shed Kit-Perfect to Store Patio Furniture, Garden Tools Bike Accessories, Beach Chairs and Lawn Mower, Grey & White

  • DIMENSIONS: Exterior: 51. 2 in. W x 75. 6 in. D x 78 in. H / Interior: 43. 7 in. W x 69. 7 in. D x 74. 8 in. H
  • IDEAL SIZE: Generous storage capacity of 131. 8 cubic feet
  • RESIN CONSTRUCTION: Made from polypropylene resin plastic & steel reinforced to ensure durability - will not peel, rot or rust & never needs painting
  • DURABLE: Weather-resistant, waterproof and UV protected - will not peel, rot or rust
  • LIGHT & AIRY: Skylight and window to let in natural light & vented for air circulation
  • ATTRACTIVE: Stylish wood-like texture will complement any home
  • VERSATILE: Use as a storage shed for a push lawn mower, bike storage, yard tools, garden tools, and patio furniture
6
GUNJI 5 x 3 FT Shed Outdoor Storage Shed Metal Garden Shed with Lockable Door Outside Waterproof Tool Shed for Backyard, Patio, Lawn (Brown)

Rating is 4.5 out of 5

GUNJI 5 x 3 FT Shed Outdoor Storage Shed Metal Garden Shed with Lockable Door Outside Waterproof Tool Shed for Backyard, Patio, Lawn (Brown)

  • Storage Shed: The storage shed can be used as a tool shed to store garden tools such as weeders, watering cans, shovels, or pool tools such as cleaning brushes, swimming rings, pool leaf nets, etc. It can also be used as a parking shed to park your bicycle, electric bike or skateboard. Depending on your different needs, it can also be a utility room, pet house, etc.
  • Sturdy & Safe: The metal shed is made of galvanized steel with stronger tensile strength and hardness, and the structure of the shed is in accordance with the mechanics, which ensures the solidity and stability of the shed. In addition, we have optimized the safety of the shed. We provide plastic protection caps for each screw to prevent someone from being injured due to the exposed screws.
  • Outdoor Shed: The material of the metal shed has strong rust and UV protection, whether it's heavy rain, hot sun, or snow, you don't have to worry about your outdoor shed. And the storage shed is designed with a lockable door, which improves the safety of outdoor use and prevents some small animals from accidentally entering.
  • Garden Organizer: The overall dimensions of the shed are 61 x 34 x 71 (L x W x H) inches, with 67 cu. ft. of internal storage space. You can store all your garden tools and equipment neatly in the tool shed to give your garden a neat and organized look.
  • About the Installation: The package contains detailed installation instructions, which indicate the number of each part and the step-by-step operation. Follow the instructions for installation, you only need to spend about 30 minutes to complete the installation and get a practical outdoor storage shed.
7
Keter Factor 6x3 Outdoor Storage Shed Kit-Perfect to Store Patio Furniture, Garden Tools Bike Accessories, Beach Chairs and Push Lawn Mower, Taupe & Brown

Rating is 4.4 out of 5

Keter Factor 6x3 Outdoor Storage Shed Kit-Perfect to Store Patio Furniture, Garden Tools Bike Accessories, Beach Chairs and Push Lawn Mower, Taupe & Brown

  • DIMENSIONS: External: 70 in. W x 44. 5 in. D x 82 in. H / Internal: 64 in. W x 39 in. D x 78. 5 in. H
  • LARGE CAPACITY: 110 cu. ft. storage capacity
  • RESIN CONSTRUCTION: Made from polypropylene resin plastic & steel reinforced to ensure durability - will not peel, rot or rust & never needs painting.Sidewall Height:77 inch
  • DURABLE: Weather-resistant, waterproof and UV protected - will not peel, rot or rust
  • LIGHT & AIRY: Skylight to let in natural light & vented for air circulation
  • VERSATILE: Use as a storage shed for a push lawn mower, bike storage, yard tools, garden tools, and patio furniture
8
Outdoor Storage Sheds - 8x6Ft Metal Garden Storage Shed - Tool Small House with Air Vent and Lockable Door for Backyard Patio Lawn

Rating is 4.3 out of 5

Outdoor Storage Sheds - 8x6Ft Metal Garden Storage Shed - Tool Small House with Air Vent and Lockable Door for Backyard Patio Lawn

  • Adjustabel Height and Removable Shelf - There are 22 predrilled holes on each side of shelf so that it is easy to put two racks at any heights for your convinience. Besides, the shelf is also removable to any position in the shed and assembly stable.
  • Spacious&Multipurpose Garden Shed - Feature with 44sqft coverage, this garden shed is easy to keep your garden supplies like extra soil, lawn mowers as well as be a garbage storage place. It is also a good option to be a pet house with spacious room.
  • All Weather Storage Shed - Compared with wooded storage shed, a metal shed is more durable with its galvanized steel material. Sloped roof is responsible for drainage and will help avoiding leakage or accumulation from the heavy rain or heavy snow effectively.
  • Upgrade Tool Cabinet - Compared with common cabinet, this tool cabinet is made of upgraded material. It is with thicker panels which is up to 0.01inch and 174lbs weight for better stability. Come with a painted surface, this cabinet is rust and weather resistant which makes it perfect for outdoor using.
  • Dimension and Size - Overall size:94.1x72.2x76.8inch(LXWXH); Door: 65.5x45inch(HXW); Capacity:281cubic feet. Foundation Size: 86.2x49.6x1.2inch(LXWXH); Shelf size: 23.2x9.6x63.3inch(LXWXH).
9
Keter Premier Tall 4.6 x 5.6 ft. Resin Outdoor Storage Shed with Shelving Brackets for Patio Furniture, Pool Accessories, and Bikes, Grey & Black

Rating is 4.2 out of 5

Keter Premier Tall 4.6 x 5.6 ft. Resin Outdoor Storage Shed with Shelving Brackets for Patio Furniture, Pool Accessories, and Bikes, Grey & Black

  • DIMENSIONS: 55. 1 in. L x 29 in. W x 67. 1 in. H
  • IDEAL SIZE: Generous storage capacity of 62. 05 cubic foot perfect for garden tool storage
  • RESIN CONSTRUCTION: Made from polypropylene resin plastic & steel reinforcement to ensure its durability
  • DURABLE: Weather-resistant, waterproof and UV protected - will not peel, rot or rust
  • SHELVING: Adjustable brackets included to support 2 shelves (shelves not included)
  • METAL HINGES hold up to constant wear and tear
10
Greesum Metal Outdoor Storage Shed 8FT x 6FT, Steel Utility Tool Shed Storage House with Door & Lock, Metal Sheds Outdoor Storage for Backyard Garden Patio Lawn (8’x 6'), Brown

Rating is 4.1 out of 5

Greesum Metal Outdoor Storage Shed 8FT x 6FT, Steel Utility Tool Shed Storage House with Door & Lock, Metal Sheds Outdoor Storage for Backyard Garden Patio Lawn (8’x 6'), Brown

  • Utility Storage Shed:Storage shed is available in a variety of sizes for multipurpose use, perfect for outdoor backyard, garden, patio, utility room. It can also be used as a pet house to provide a warm and safe room for your pet. The protective film on the surface can prevent people from being scratched.
  • Tilted Roof & Lockable Door: This outdoor storage shed has a sloped roof that adds extra storage space while preventing rusting caused by rainwater gathering. The lockable door improves security and prevents small animals from accidentally entering.
  • Durable & Stable Storage Shed: Durable construction and thicker galvanized steel make this durable lifetime shed rust and UV resistant. The overlapping wall panels are water and moisture resistant for worry-free use in all weather conditions.
  • Dress Up Your Backyard: This outdoor storage shed provides an extra storage space to hide waste and large equipment of your yard. And it can help you to avoid clutter in your yard, basement or garage. Keep your yard looking clean and tidy.
  • Installation Advice: The product is large and it is recommended that you get a helper. To prevent scratches from iron pieces, we recommend that you wear gloves when installing
11
Suncast BMS6312D Everett 6' x 3' Heavy-Duty Resin Outdoor Pad-Lockable Double Doors and Windows All-Weather Shed for Yard Storage, Dove Gray

Rating is 4 out of 5

Suncast BMS6312D Everett 6' x 3' Heavy-Duty Resin Outdoor Pad-Lockable Double Doors and Windows All-Weather Shed for Yard Storage, Dove Gray

  • 6' x 3' OUTDOOR STORAGE SHED: Features a slim footprint design with 94 cu. ft. of space for lawn equipment and gardening tools while fitting nicely along a house or garage when yard space is limited
  • PAD-LOCKABLE DOUBLE DOORS: Large double-door entryway provides easy access to stored belongings, and the doors feature pad-lockable resin handles to prevent theft and unauthorized use (padlock not included)
  • HEAVY-DUTY CONSTRUCTION: Metal reinforced, multi-wall resin panels provide water resistance and UV protection for all-weather durability, while the reinforced resin floor withstands heavy loads
  • AIR VENTS AND NATURAL LIGHTING: Designed with 1 built-in skylights and large windows that allow natural light to illuminate the space on sunny days and air vents that provide proper air circulation
  • FUNCTIONAL AND ATTRACTIVE: Easy to clean and maintain and boasts a classic shed design with architectural details and shingle-style roof panels to look great in your yard all year long


How to create a budget for building an outdoor storage shed?

Creating a budget for building an outdoor storage shed involves careful planning and consideration of various factors. Here's a step-by-step guide to help you create a budget:

  1. Determine the purpose and size of the shed: Decide why you need a storage shed and estimate the dimensions required to meet your needs. A larger shed will generally cost more, so be mindful of the space required.
  2. Research shed types and materials: Explore different types of sheds such as prefabricated kits or custom-built options. Research the materials commonly used in shed construction, including wood, metal, or vinyl, and compare their costs and durability.
  3. Assess site preparation and foundation requirements: Evaluate the condition of the area where the shed will be located. Determine if any site preparation work, such as leveling the ground or adding gravel or concrete for a foundation, is needed. Estimate the costs associated with these tasks.
  4. Determine the necessary permits: Contact your local building department to inquire about any required permits. Determine the associated costs and factor them into your budget.
  5. Create a materials list: Make a detailed list of all the materials required for your shed, including framing lumber, siding, roofing, doors, windows, insulation, and hardware. Collect price estimates from multiple suppliers to get an accurate understanding of material costs.
  6. Include additional features and accessories: Consider any additional features or accessories you plan to add, such as shelves, electrical wiring, or lighting. Research and estimate the cost of each item on your list.
  7. Research labor costs: If you are planning to hire someone to construct the shed, research labor costs in your area. Obtain multiple quotes and include this expense in your budget if applicable. Alternatively, if you plan to build it yourself, consider the tools you already have or may need to purchase or rent.
  8. Account for miscellaneous expenses: Don't forget to include other miscellaneous expenses, such as paint, primer, nails, screws, or any rental equipment needed during the construction process.
  9. Allocate a contingency fund: Set aside an additional amount, typically around 10% of the total budget, as a contingency fund to cover unforeseen expenses or changes during the construction.
  10. Calculate the total budget: Add up all the estimated costs, including materials, labor, permits, and miscellaneous items, as well as the contingency fund, to determine the total budget for your outdoor storage shed.


Remember to be realistic with your budget and allow for flexibility. It's also a good idea to consult with professionals or experienced builders to get more accurate cost estimates.


What is the cost of treating the wood against pests or termites during construction?

The cost of treating wood against pests or termites during construction can vary depending on various factors such as the size of the construction project, the type of treatment method used, and the local market rates. As a rough estimate, the cost can range from $1 to $3 per square foot of wood treated. However, it is always recommended to consult with local pest control professionals or contractors to get an accurate estimate based on your specific project requirements.


How much should I allocate for materials when creating a budget?

The amount you should allocate for materials when creating a budget depends on the specific project or purpose. Here are a few factors to consider when determining the allocation for materials:

  1. Project size or scope: Consider the size, duration, and complexity of the project. Larger or more intricate projects will generally require more materials and, therefore, a larger allocation in the budget.
  2. Material costs: Research the cost of the materials you will need for your project. Consider factors such as quantity, quality, and any specific requirements. If possible, obtain quotes from suppliers to determine accurate pricing.
  3. Contingency: It is wise to allocate a small amount for contingencies or unexpected expenses. This allows for flexibility in case materials end up costing more than anticipated or if there are any unforeseen circumstances during the project.
  4. Previous experience: If you have prior experience with similar projects, you can use your knowledge to estimate the material costs. Look at the historical data from previous projects to make a more informed decision.
  5. Allow room for adjustments: Once you have estimated the cost of materials, it is advisable to add a buffer or cushion to your allocation. This can account for any price fluctuations, changes in design or scope, and any additional unforeseen expenses that may arise during the project.


Remember, it is crucial to carefully plan and research your project's requirements to ensure an accurate allocation for materials in your budget.


What is the typical cost of building shelving and storage solutions inside the outdoor storage shed?

The cost of building shelving and storage solutions inside an outdoor storage shed can vary depending on several factors such as the size of the shed, the materials used, and the complexity of the design. On average, you can expect to spend anywhere from $100 to $500 or more for basic shelving options. If you opt for custom-built or premium materials, the cost may increase significantly. Additionally, if you hire a professional to design and install the shelving, labor costs will also need to be considered.

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