My first Cherub was one I built, starting with a shell from Andy P, I had no boat building experience, but plenty of fixing experience.
There were no other Cherubs or boat builders within a good few hundred miles of me. It was quite different construction from any other cherub of the time, and I did not see another cherub between starting the build and finishing it. I took over two years to build it working on my own, more money than I expected, and until I scraped together enough money to get a Carbon mast it was almost un-sailable.
Despite all the problems it was worth it. If what you want is a cheap way to the front of the fleet then a home build is not it, however if what you want is to build a boat, then building a boat is what you should do.