Builders often quote the cost for the building only, so you might check to see if it includes landscaping, fences, finish grading, driveway, etc. 

You are kind of late to the party.

Get educated on the local market, look at prices, cost per sq. ft. and what finishes, lot sizes, etc. are so that you're comparing apples to apples.

I've been wondering the same thing myself a lot lately but the nice part is that if you can keep that low, you can pull your money out for another property!

It also helps if you tint your primer close to your finish color.

(and sorry for the late reply)

Seller, should re-think your property price before it is too late.

Hi Jason, sorry for the late response.

I recently bought a two family home and the basement is fully finished without a kitchen but ample space  and I have been recently toying with the idea of renting the basement atleast as a room sharing however being a older home it doesn't have the kind of electrical capacity to accomodate a decent electric stove which has very high amperage requirements (atleast 150 amps -200 amps) besides I am not considering gas stove as an option.As is I can envision fuse tripping beside I don't have any 220 line,also it gets very cold in winter in the basement so I will most likeli need a supplemental heater in the basement so elctric upgrade seems like a must if I decide to rent it out.However I was wondering would it be a better idea to have solar panels to supplement my additional electrical needs? 

Too late.