If you are looking for the opportunity to knock down rebuild, one of the first things to come to mind is how much is it going to cost.  The costs include:

builders base price and inclusions

• site costs
• variations for colours
• variations for electrical
• regulatory planning submission
• council planning conditions
• sometimes occupation certificates
• sometimes window coverings, floor coverings, miscellaneous storage etc
• landscaping
• and many others

For a comprehensive description of the cost items, and how to plan for them there is a new resource: “Guide to Planning and Building a Home on a Budget” available