if you have a bandsaw, and a plunge router with an adjustable base, that would allow you to do most of the work. you take a piece of wood and cut it down the middle, to make it half as thick as it was, then you square up and flatten each edge of that, align the grain with the opposite piece and glue them together, that is called bookmatching, if you look at my pics in my profile at the electric guitar you can see it's two pieces by the grain. cutting the body is simple enough. for a beginner pulling this off, it might be best to do a bolt on neck, unless you are absolutely set on a set neck, then you'd want to do some research and you'd need to make some routing templates to ensure it all goes together perfectly. you'd need some files, sanding blocks (formed pieces of wood with sandpaper attached to work angles into your wood), having a handsaw helps, but japanese saws are the best, the cut opposite as traditional saws. and shaping your own neck is honestly so much fun, you get to decide everything about the shape and playability, if you are going to build a guitar, shape your own neck, you will not regret it. drawing a full scale plan of your guitar is the best approach, get some drawing tools, flexible curve and shit and draw it all out, including scale length, bridge location, everything you possibly can. my electric cost me probably $300 something for wood (big slab of mahogany for body and neck, two 3/8 inch koa caps, pickups, potentiometers, control knobs, pickup mounting hardware, bridge, tailpiece, output jack, nut, fret wire.) it's the little stuff that adds up to cost a whole shit load. let me know if you need more info, i'd be happy to let you know what i can, if you do decide to build one, good luck man!