09-28-2008, 03:58 AM
It depends.If compare apples to apples...
In my case the the comparison is as close as possible :
I am building exactly the same house I couldn't afford to buy (the same subdivision )and it's cheaper,even with more improvements (like thermal barrier).
Note:the house was not overpriced.
And my lot is closer to the ocean,so the land is about 20 K more.
But if I didn't have certain plan in mind,buying house is still a very good idea now.
Though I'd buy a new one because even with the building inspection,you might get termite ridden dwelling.The search function on the forum is down,but some people might share their stories.
In my case the the comparison is as close as possible :
I am building exactly the same house I couldn't afford to buy (the same subdivision )and it's cheaper,even with more improvements (like thermal barrier).
Note:the house was not overpriced.
And my lot is closer to the ocean,so the land is about 20 K more.
But if I didn't have certain plan in mind,buying house is still a very good idea now.
Though I'd buy a new one because even with the building inspection,you might get termite ridden dwelling.The search function on the forum is down,but some people might share their stories.
___________________________
Whatever you assume,please
just ask a question first.
Whatever you assume,please
just ask a question first.