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[quote=Anonymous][quote=Anonymous]Watch out if you go higher than 300k. You may want to investigate tear down and rebuild new if you go over that amount.[/quote]

This is a good point and what we want to do, we are expecting that it will cost close to that, maybe more when it is all said and done. We are looking into tear down and rebuid, but it looks like a very expensive option and one that requires a lot of cash up front. Maybe I need to talk to more lenders.

NDI is doing a few homes near us and they advertise their Nottingham model under $300k. Assuming that's right, we still have to finance the demo and permits. People I talk to say NDI's basic cost is really basic and you probably will want to add things in to get it right.

I visited a Beacon Crest open house and they said to expect to spend $470k on their basic model without any upgrades. For me the cost would be around $1.2 million. There is a similar Beacon Crest home for sale in our neighborhood for $1.4 million.

Anyone have any thoughts about new construction folks to talk to? [/quote]

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