Hi There,
We have been looking at building our own new house, but mostly the new estates are in outer suburbs or where we do not really want to live. We want to build and live inner city in Brisbane, but from what we have been looking at lately there are obviously mostly only older or smaller houses there, unless occasionally the odd one pops up hat has been demolished and rebuilt or renovated.
So we have started considering the option of buying an already vacant lot or lot with an old house on it and demolishing that house and building a new one on the land.
I have absolutely no idea yet whether it is worth it financially, if it would be a lot more expensive, if it is harder with council permits, etc and I have no idea where to get facts and figures or any research available on the pros and cons of this to help me get started, so I am basically starting at the bottom and trying to figure out whether it is worth it or not.
Has anyone done this or know how to do this?
Are there any good books or other sites on how to do this that anyone knows about?
What is the best avenue to do this? Does Metricon homes or an equivalent builder do this sort of thing, obviously easier to go through someone who handles all the details for you if possible.
Any help would be grealty appreciated as I am completely and utterly at a loss where to find the answers that I need to make an educated decision about whether to proceed down this path or not.
Thank you so much in advance for any help guys!