On Jan 9, 1:42*pm, (Steve Firth) wrote:
John Williamson wrote:
If it comes up almost as cheap as buying somwehere older and doing it
up, I'd maybe prefer it.

It will cost more than you think and far more than any armchair pundit
imagines.

This is good as a rule of thumb guide:

http://www.potton.co.uk/self-build/case-studies

By the time I've finished, a five bedroom house build with four
bathrooms and five reception rooms will end up costing me about 250,000
pounds, excluding the price paid for land.

You're dead right there. I did best by upsizing when prices were down
and downsizing when prices were up. I have done up five houses (wife
and self )only in my spare time. It always cost more than you think.
I made most just out of the housing bubble not the work I put in. But
you have to star somewhere.

I think the thing is to see potential where no-one else can. And to
see solutions to glaring problems.