Originally Posted by
miamijim
Component wise you'll be able to build a Shimano 105 bike for ~$150 w/ wheels and a 600 Ultegra bike for ~$200 w/ wheels. Add ~$100 for STI levers. To achieve theses price points you'll need to savy and patient with your purchases. A 7400 series Dura Ace build could get pricey with anything higher up in the series like 7402/3 or 7410 being considerably more.
Miamijim, the only parts I've ever really bought have been used or harvested from other bikes. In other words, I know very little about new parts. Those prices are for used component, yes?