I am contemplating tearing down a home that is in pretty bad shape and rebuilding on the same land.  

I am going through a tough situation in my life, but seeing light at the end of the tunnel and have large plans to rebuild.

All of my insurance rates have gone up by a few hundred bucks per house.Also 1 thing they mentioned about rising insurance rates:   As home pricing increase, so does the dwelling coverage and the cost to rebuild, which makes the policy more expensive.

There was a detached garage we had to demo and rebuild.

For near-total rebuilds, not so much, more than likely.My $0.02 ...

I was half a mile away when my transmission decided to throw in the towel (it could only take so much abuse of my powershifting), and I was left with no gears and half a mile walk to work lol I was actually excited to tear into it (it needed a rebuild, anyway) and see what grenaded.

Las Vegas loves a good demo and rebuild. haha

Its my house and I have to rebuild it and get rid of the mold.the fact that the restoration company is asking for the 10k check before even starting the rebuild process is a clear sign of scam.

We completely remodeled the entire inside of the house and rebuild the deck on the back of the house.

If something happens to those businesses, the park's draw will once again allow them to be re-build and thrive again.Having said all that, I don't know that I would purchase at this point unless I came across a deal and I haven't seen a deal in that area in quite some time.