Phew, please thoroughly consider the costs before purchasing. For example: For the removal and disposal of my excavated material, I could easily have gotten a new Golf.
Without a specific building structure and construction plan, you can only roughly estimate everything and have to factor in lots of contingencies. But 310,000 just won't cut it. A 5 will be all in without land upfront. Without a garage and just the essentials outside, maybe a 4.