Well, after thinking about it for more than a decade I broke ground this week on my new shop. I took so long because I wanted to wait until lumber and steel prices were at their peak...arrgh.
Here's what I learned so far. I didn't spend near enough time figuring out exactly what it would cost and of course nearly all of my estimates are low. I wanted to go with concrete block (CMU) walls partly because we live in a high fire hazard area. I knew it would be expensive, but got some low estimates that re-assured me. After the plans were drawn up and the permit issued and I got some firm bids, the low estimates got pretty darn high. The building permit alone was over $900. It's gotten so civilized around here that the chances of getting away with a non-permitted structure were pretty slim.
Also totally underestimated the amount and cost of the base material that needs to be compacted prior to the concrete pour. I'm planning to pour a 5 inch deep floor with 5 sack mix and fiber additive. I'm not sure of the benefit of going any more than 5 inches, but may decide to go to six. I don't know exactly how I'll have machines located, so I can't realistically make the floor thicker underneath them.
Another issue is whether to use all licensed contractors. My neighbor is a licensed contractor and he suggested that he himself would never hire a licensed contractor since so much of the money goes to insurance payments and very little goes toward a quality job. In his view an unlicensed contractor will do a better job for less. The downside of course is the risk of someone getting hurt while working on my property. I guess I could agree with them in advance that anyone getting hurt gets dragged out back, shot and buried :-).
Bob