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Real Estate
Reply to "Is it cheaper to tear down our existing house and rebuild, or buy a new construction?"
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[quote=Anonymous]PP again. There are plenty of builders who do an on-your-lot house. It really depends how much you want to do to the house but my husband is a developer (his partner does the building) and their houses sell new for like $225/square foot. That is including the land though, so you would have to net that out. I'm not 100% sure how to do that, but say you build a 4000 sf house, you're talking about a builder selling that for $900K to maybe a million. If you already have land you love, then your instinct is correct - teardown and rebuild. What you want to avoid if you can is create a plan from scratch. Try to find a builder with house plans that you like or can work with without a ton of extra charges to add options.[/quote]
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