Should I consider building instead of buying?
I am one of those fence sitters. I am looking to either buy or build in the $500K-$1.0M price range but I have not found what I am looking for in the Mt P area.
It seems many sellers want top of the bubble prices which is unrealistic. Having said that, I may be better off building now that the trades are hungry.
I would purchase a lot separately and build a 3000 SF home.
I would think the building price would be relatively reasonable so I can get everything I want at a price I am willing to pay.
What kind of SF price would I be looking at?
Do I build now or do I wait for prices to come down further?
Or are there great deals on existing homes which I have not seen yet?
Builders are very hungry right now and if you have the time I would certainly look to price out a set of plans with several different contractors. Lots are a hard sell as well so you could certainly find a deal there too. Did you look in Daniel Island area? Beresford Hall is a great location and you could build a nice house in that range. There are also some good developments in Mount Pleasant with many open lots. Let me know if I can help in any way as I have relationships with many high-end contractors.
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