Hmmmm, glad you mentioned that, now I can pick your brain if I ever need to

Somehow I'd forgotten you're dealing with this now..
so what are you saying... that buying land + building on said land would [probably] cost about the same as if I bought a pre-existing house? Or that with the market the way it is that it would probably be smarter to just buy rather than building?
If it's the former case, I'd probably be inclined to take the "build it" route so that I could focus my $$ on some good land and a large garage with a smallish 1-story house attached. Then, if I eventually feel like it or need to, I could add onto the house (go up a floor) at a later time. Plus I'd get a brand new house rather than an older one that needs updating. Seems like a win-win situation to me (other than that it would likely take a while to build and I'd have to find somewhere to live for the time being).