I want to buy a house, which is built on the homestead approved by their village. Is there the same compensation for demolition after I buy this house?

If you are a villager in the same village, you can get the same compensation as others after the house is demolished after you buy it.

If you are not a fellow villager and the owner does not go back on his word, you can get the same compensation for demolition as others after buying the house. However, there are two situations that you should fully consider: 1, once the owner goes back on his word, your compensation will be discounted; If the owner doesn't go back on his word, if someone reports it, your compensation will be greatly reduced-because the house in the countryside can't be transferred to people outside the same village, otherwise it won't be protected by law.