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re: Buying land and building or buying house and remodel

Posted on 5/20/13 at 12:14 pm to
Posted by ItNeverRains
37069
Member since Oct 2007
25612 posts
Posted on 5/20/13 at 12:14 pm to
quote:

Where did you get this nonsense?


Its pretty standard that whatever you spend on lot you spend no less than 3x that on dwelling, you risk devaluing the land if no one wants your chicken shack on prime real estate
Posted by notiger1997
Metairie
Member since May 2009
58285 posts
Posted on 5/20/13 at 12:16 pm to
Sorry, I guess I mis-understood what the guy was trying to say.
Posted by islandtiger
Baton Rouge
Member since Sep 2012
1787 posts
Posted on 5/20/13 at 6:56 pm to
All depends on the property. We will not meet your limit but our lot is 5 acres on an island. We are about to pour the slab on our new home, but there have been a few times I wish we just bought something "off the rack." Although I plan to raise a few chickens out near the garden, few will call our home a "chicken shack."
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