Seyword

Seyword t1_j6e7msk wrote

What’s your budget? It will almost certainly be more expensive to build than buy an existing home. Not to mention a lengthy wait before you actually move in.

If I was looking to buy right now, I’d look at Old orchard beach or maybe the Lewiston/Auburn area. There are still affordable homes in those locations.

A friend of mine sold his Westbrook home in 2020 (made a nice profit) and planned on building a new home elsewhere. They just recently moved in after it took them forever to find a suitable lot and complete the build. They are now in Topsham and regret selling their Westbrook home.

No matter what route you try to go, it’s brutal to try to buy or build anywhere near Portland. Good luck.

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Seyword t1_j5tisjh wrote

Looks like he owned close to 500 acres there, not sure if it was all sold with that house. My guess would be that people were able to buy the land relatively cheaply and the spend their money on the build.

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Seyword t1_j5peabj wrote

The Irving family recently sold the most expensive piece of Maine real estate in all of 2022. Can’t recall the address at the moment but it sold for $8+ million. Was worked on by a team of architects/builders over the course of 15+ years.

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Seyword t1_j5k1zhb wrote

For the size of the home that’s about what we go through. We have a 100+ year old home, 1200 sq.ft and use about 100 gallons a month when it’s really cold. Steam radiators, boiler heats our water as well. We insulated the basement and attic when we bought the home.

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Seyword t1_j5jmswt wrote

How many gallons are you using each month? What temp are you keeping it at?

That’s a very large house. Large houses are expensive to heat and maintain no matter what energy source you use.

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