Cost of tearing down a house vs. starting with wooded acreage?
We know what neighborhood we would like to build in, and we have been trying to find a 5 acre parcel in there. None have come available lately, but there is suddenly a foreclosed 3700 sq ft, 2 story house on the market. The house is a mess- it would have to be totally bulldozed. However, the concrete driveway is new and very nice, and it already has a well and an aerobic system. Additionally, about 1 acre around the house site is cleared, about what we would want. In general, is it more expensive to bulldoze a house (and slab) or to clear about an acre, put in a well and septic, etc?