Nice dream Hung...anything with the durability, utility, and versatility of a C-150 will run you closer to $100k by the time it's completed.
With my retirement coming in 5 years and a special-issued medical, I was considering building a
ZODIAC [
zenithair.com] as something to do and to fly as an LSA pilot. But after spending money to put an overhauled engine in my 152 and thinking about the $3500 annual property tax I will have to pay on an $80K (market value) Zodiac, I kinda shelved that idea. I'll fight to fly my 152 as long as I can. Plus, my 152 will become an "antique aircraft" in 2009 and no longer incur propery tax.