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Santa
 
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Default Is it worth to buy old home and dismantle it and construct a new home?

We wanted to build custom home, I approached a realtor, she says, buy
a old home and dismantle it and construct a new home. This way I can
get it cheaper. The old home costs around $400K, plus the builder cost
for constructing a 4-bed room is around $100K, plus around $30K for
town planning. Does it makes sense?. Thanks in advance.