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Reply to "Cost to tear down & rebuild?"
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[quote=Anonymous][quote=Anonymous]I am following because we bought a very tired house that needs so much work. I have come to the conclusion that we bought the land/location rather than a house that works for our family. My very rough estimate to rebuild our house is $1m. My guess is $750k at least for builder, then factor in price increases during pandemic and finding a rental for a year. In our neighborhood, we could potentially make much more from the sale even if we put in $1m so that's part of the benefit. If you will still come out ahead, it definitely seems worth it to start fresh![/quote] Rental for probably 18 months is safer.[/quote]
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