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2) This one is more vague, but might be easier to get. Also from 10-15 years ago. All I remember is that it's a few kids who sneak out of their house and start building this spaceship in some secret hideout (like a treehouse, or something). IIRC, at the end of the movie, they end up flying the thing over their town. I suppose the movie had a Radio Flyer/Flight of the Navigator feel to it, but is neither one of those.

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Don't remember it too well either, but you are probably thinking of Explorers (1985) with Ethan Hawke and River Phoenix.

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Thanks bro. This is definitely it. Apparently it's actually a good movie too! Excited to rent this one again.