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Technology9 mins ago
A developer selling bungalows for 100k
What sort of figure roughly would it have cost to build the bungalow ?
No best answer has yet been selected by Bazile. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Unless it is situated in the outer-Hebrides or somewhere similar – that sounds a bargain to me.
Back in the early 2000s when I owned an end of terrace 3 bedroom property (subject to a mortgage), for insurance purposes the rebuild cost was circa £80k with a total property value of circa £180k – so the land alone was worth £100k.
According to this the minimum cost for a 2 bed is £146K!
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How big (or small!) are the bungalows?