Spec Home

Many people want to purchase a new home but don’t want to have to spend the time and money to customize a home from scratch. If this is you, look into a spec home on the real estate market. Start your search today...

Spec Home

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1198 E Lone Shore Dr., Eagle $395,000

  • 3 Beds
  • 2.5 Baths
  • 2,160 SqFt
  • 0.07 Acres

This Custom Created Carriage Home W/ Fully-fenced Side Court Yard & Over-sized Garage,in The River District. Enjoy Your Great Room W/ A Cozy, Custom-tiled Fireplace That Opens Into The Kitchen. Main Floor With With All Hrdwd Floors, & Coffee/wine Bar In Ki...

Idaho MLS Silvercreek Realty Group
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233 N Meridian Road, Rupert $183,500

  • 3 Beds
  • 3.0 Baths
  • 2,560 SqFt
  • 0.99 Acres

Country Home With Views Of Pomerelle On An Almost 1 Acre Of Land With A Shop, Greenhouse & Beautiful Updated 3 Bed, 2.5 Bath Home With Newer Hardwood Flooring & New Paint. Kitchen Is Updated With Granite Counter Tops, Hardwood Floors & Newer Appliances. Ba...

Idaho MLS Keller Williams Sun Valley Southern Idaho
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1627 S Watersilk Place, Boise $249,900

  • 3 Beds
  • 2.0 Baths
  • 1,817 SqFt
  • 0.20 Acres

Lovely Craftman Style Home In Convenient Location To Schools, Stores & Freeway. Open Concept Plan With Plenty Of Room For Dining & Entertaining In The Spacious Kitchen With Breakfast Bar & Desk Area.you Will Love The Counter Space And Stainless Appliances....

Idaho MLS Silvercreek Realty Group
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4937 E Woodcarver Dr, Boise $299,000

  • 3 Beds
  • 2.0 Baths
  • 1,385 SqFt
  • 0.10 Acres

Live The Harris Ranch Lifestyle In This Gorgeous Single Level. Open Concept Kitchen, Lr & Dining. Hw, Ss Appliances, Stunning Granite Counter Tops & Island, Abundant Pantry & Foothill Views! Great Zero Maintenance Lot. Shared Green Space Directly Across The...

Idaho MLS Mountain Realty
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3770 E 3800 N, Hansen $815,000

  • 3 Beds
  • 3.0 Baths
  • 3,493 SqFt
  • 13.80 Acres

Character And Elegant Style Reign Supreme In This 2015 Custom Built Home Sitting On Over 13 Irrigated Acres. The Gourmet Kitchen Boasts Custom Cabinets, Hidden Butlers Pantry And High End Thermador Appliances To Accommodate Multiple Chefs. The Quality Of Cr...

Idaho MLS Mountain West Realty, Burley
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3083 S Fox Leash Place, Eagle $529,000

  • 5 Beds
  • 3.5 Baths
  • 3,729 SqFt
  • 0.28 Acres

Lovely Family Home With Community Pool, Hot Tub, Center And Open Space/play Area, Walking Paths And Creek. Nearly New! Spacious Home Has Many Desirable Upgrades Including Front Den, Wood Floors, Gourmet Kitchen, Stainless Appliances, Double Oven, Wine Fridg...

Idaho MLS Tlc Realty, Llc
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208 Lucile Road, Lucile $415,000

  • 4 Beds
  • 2.0 Baths
  • 3,223 SqFt
  • 2.12 Acres

Make It Home, 2nd Home, Rental-short Or Long Term. So Much To Create With This Historic Property That Used To Be Lucile Grocery Store & Post Office Back In The Day. 2+ Acres W/mature Shade & Fruit Trees As Well As 153 Ft Of Salmon River Frontage. 2nd Septic...

Idaho MLS Amherst Madison Legacy
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27 Waverly Drive, Horseshoe Bend $375,000

  • 3 Beds
  • 2.5 Baths
  • 2,844 SqFt
  • 5.15 Acres

Beautiful Custom Wood And Tile Accent The Spacious Open Floor Plan Of This Home. Enjoy An Evening With Friends Around The Outdoor Fire Pit Or Cozy Up Next To The Gas Fireplace In The Living Room. The Kitchen Offers Stainless Steel Appliances, In-island Sink...

Idaho MLS Keller Williams Realty Boise
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2035 S Silvercreek Lane, Boise $995,000

  • 4 Beds
  • 4.0 Baths
  • 3,790 SqFt
  • 0.55 Acres

The Island At River Run! Classic Architectural Elements Merge Effortlessly With Lushly Planted Grounds. There’s A Hospitable Room Count With Splendid Kitchen. Generous Patios For Outdoor Eating And Entertaining Overlook The Meandering Heron Creek! Integra...

Idaho MLS Group One Sotheby's International Realty
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WHAT IS A SPEC HOME?

A spec home, which is short for speculation, is a property where a construction company will build a home with general features that are popular to most buyers. Look into spec homes when looking for a new house. There are different names for a spec home including move-in ready homes, immediate delivery homes, featured homes, and inventory homes.

Spec homes take less times to build and cost less. This is because when builders construct spec homes, they normally build more than one at a time. This allows for repetition in planning and supplies. Contractors who work on spec homes will also normally work with the same work force, so the time and energy spent in finding workers is cut. Another reason that the price will be lower is because builders will buy a lot of the same materials for different houses which will lower the material cost. In a spec home, materials are measured and cut digitally for all of the spec homes at the same time which will also lower the time it takes to build each home.

As like most spec homes, Idaho speculation properties are often built using builder’s grade products in order to further lower the cost.

Spec Home VS. Custom Home

Custom

A custom home refers to a home that is customized for an individual. The construction of the home will be according to the individuals wants and desires for lot choice, floor plan, selection of colors and materials, and the fixtures in the home. Depending on the contractor, custom homes will have different ranges of potential choices.

In the building of a custom home, the customer will have the ability to be involved in every step of the constructing process. They can see the daily progress on their home and will be able to make choices such as colors and styles of brick, flooring, carpet, wall-finishings, light fixtures, cabinets, hardware, and counter tops.

Spec Home

Spec

Customers of a spec home do not get those specific choices. Normally, spec homes will already be built by the time the customer comes in contact with it. The floor plans and most of the materials will already be chosen.

The spec home option, however, will still allow you to have some choices. If you are going to invest in a spec home, you can still choose individual designs such as color, cabinet, and floor options. A spec home provides you with a new home with less cost and more assurance. You do not have to commit to buying the property until after the home is completed and you are satisfied with the results.

ADVANTAGES/ DISADVANTAGES OF A SPEC HOME

Advantages

Choosing a spec home will shorten your estimated wait time to move in to a maximum of 60 days whereas a custom made house may take more than 6 months to complete. Much of the time, the wait for a spec home could be less than a week. You won’t have to find a temporary home until your permanent home is built. Furthermore, you will not have many of the uncertainties that come with a custom made home. Spec homes will have significantly less unexpected surprises when it comes to architectural issues and problems with design.

Furthermore, you will also not have to sign a contract until you see the final product which gives you more confidence in the transaction.

Most spec homes are in a neighborhood with other spec homes. The builders of the neighborhood will take into consideration the other homes so they work together in the whole atmosphere of the neighborhood.

Disadvantages

If you are looking into a spec home instead of finding home owner property, be warned that some contractors might try to overextend. Many spec builders are notorious for dragging out the building and transaction process.

Sometimes the materials used in spec homes are of lower quality so cabinets and shelves will not last as long.

You may feel like you lost the charm of creating your own home. The decision making process in what goes into a speculation home is not yours but rather a product of someone else. Due to this, you might have features in the home that you don’t want or need, creating unnecessary costs to your home that you will have to pay for.

Despite these potential disadvantages, however, many homeowners who have invested in spec homes have been pleased with the results and are living happily in their new homes. Whether you decide to find a speculation, custom, or other type of property for your next home, search in BuyBoiseRealEstate to find a place that will appeal to you.

http://www.buyidahorealestate.com/blog/what-is-a-spec-home.html

http://www.biggerpockets.com/renewsblog/2012/06/07/spec-building-development/

http://www.neahomes.com/custom-v-spec-v-tract-homes.html

Idaho MLSIDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.

Listing information last updated on April 25th, 2017 at 9:37am MDT.