If you plan to buy a lot on which to build a home, have a builder (preferably the one you plan to use) review any properties you are considering, to help you select the best site for the home you want to construct, or to suggest the types of homes you could build on the different sites.
If your home renovation requires new walls, you may want to consider using metal studs. They have many advantages in a basement area, where moisture and insects can be a problem. Metal studs are easy to assemble, and you can pre-cut several at once with a carborundum blade on a power saw. Then, they quickly fasten together with self tapping-screws. Metal studs are lightweight, fireproof, and recyclable.