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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][quote=Anonymous][quote=Anonymous]So looking at Stanley Martin Custom - You can pick out a 350K turnkey price plus another 80-100K in site and permit costs and add in renting a place and possible storage costs. It appears you can build something for 500K all inclusive. How can this not be cheaper than buying a house?[/quote] Uh, the cost of the land could run you 500-600K easy, depending on the area.[/quote] The assumption is that I like the land/place that I have right now -- not the house on top of it. So I tear down the house and build on top.[/quote]
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