</font><blockquote><font class="small">In reply to:</font><hr />
structure cost about $40,000 . . . replacement cost is $125K
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Tugwell, over 30 years ago, one of my brothers, who'd never built a building at all, bought a new house in Alaska. But a year later, after checking into costs, playing with numbers, etc., he thought he could quit his job for a year, sell that house, and build himself a new house just as nice, and come out financially as well off as if he'd kept working and paying for the house someone else built. He was right. It went so well, that he got a contractor's license and went into the home building business for a few years; only got out when interest rates went so high during the Carter administration.
And after he came back to Texas, in the mid-90s, I helped him build himself a new home in Texas.