A spec house is constructed by home builders meant to attract a range of buyers with its trendy features, such as modern layouts and finishes that are pre-selected. These homes are designed to be move-in ready, requiring no immediate renovations or repairs. Potential buyers appreciate the convenience of having a house that is built and nearly finished, coupled with contemporary architectural styles that include open floor plans and functional spaces. However, one limitation is that buyers cannot customize finishes, which is available in custom builds. Timing and negotiation can impact deal effectiveness when purchasing a spec house.
A spec house, short for speculative house, is a new home constructed by home builders and made to appeal to a variety of home buyers.
Spec homes are typically already built or close to being finished, so you'll be able to move in right away.
Spec homes have modern layouts with trendy features like open floor plans, en-suite bathrooms, and walk-in closets.
While spec homes have modern features, you typically don't get to pick finishes like with a custom build.
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