Hello. So I'm seeking to build a home on my family farm with the eventual aim of taking over the family business. We are a young family and are just in the process of starting to design the home, look at council rules etc.
What I wanted to know (roughly) is how much we should be expecting to budget for the build? We are using the equity from our current home plus our savings, which comes to just under $400,000.
I should note that we are really after a very modest home. We don't want a big, 2-storey place. Think...180-200 square metres, 3 bed 1.5 bathroom. Weatherboard cladding. Nothing too fancy, just a place to live on the farm where we can raise our child. There's lots of space to run around so we don't need/want a huge home.