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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1027 Nw 12th, Meridian $198,900

  • 4 Beds
  • 2.0 Baths
  • 1,705 SqFt
  • 0.20 Acres

Must See Home In Meridian Under $200k. Great Location With Easy Access To The Freeway. This Home Offers A Amazing Back Yard And Covered Patio, 4 Bedrooms, Two Wood Burning Fire Places And A Completly Updated Kitchen.

Idaho MLS Boise Premier Real Estate
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1579 S Lake Crest Way, Eagle $728,500

  • 5 Beds
  • 5.5 Baths
  • 5,120 SqFt
  • 0.32 Acres

High End Design Welcomes You Into This Extraordinary Home In The Highly Desirable Two Rivers. Upon Entering, The Towering Glass Chalet Doors Lead You To The Ultimate Entertainers Kitchen W/ A Solid Granite Island W/ Seating For 10, Large Pantry & Gorgeous T...

Idaho MLS Victory Realty
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11452 Kipling Way, Nampa $229,900

  • 4 Beds
  • 2.5 Baths
  • 1,942 SqFt
  • 0.20 Acres

You Will Be Delighted In The Quality And Meticulous Care Of This Home! Perfectly Maintained With New Exterior And Interior Paint, New Carpet And Vinyl. A Fully Landscaped Yard With Full Sprinklers & Drip Irrigation In All Non Grass Areas, 12 X 25 Rv Pad Wi...

Idaho MLS Boise Premier Real Estate
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36 W Carlton, Meridian $159,000

  • 3 Beds
  • 1.5 Baths
  • 1,144 SqFt
  • 0.17 Acres

Great Price For Well-maintained Home In Meridian. Updates Include, New Windows Installed 4-2014, New Hvac & Water Heater 3-2015, New Dishwasher 1-2016, New Power Attic Fan 7-2016, New Microwave 7-2016, Bathroom Remodeled 12-2016. New Driveway And Patio 6-...

Idaho MLS Re/max Elite Properties
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2327 W Sheridan Ave, Nampa $273,500

  • 3 Beds
  • 2.0 Baths
  • 1,967 SqFt
  • 0.19 Acres

Custom Built Home By Pjb Construction Finished With Light Industrial Finishes, Including Beams In The Ceiling And Above The Fireplace, White Upgraded Cabinet Package, Dark Granite Counters. The Home Features 3 Bedrooms, Plus A Den/office, 2 Baths And Open K...

Idaho MLS Silverhawk Realty
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610 Oak St, Potlatch $131,000

  • 3 Beds
  • 1.0 Baths
  • 1,476 SqFt
  • 0.15 Acres

Move In Ready Home! Well Taken Care Of 3 Bedroom, 1 Bathroom 1476 Sq. Ft. Home With Wood Floors And 4 Year Old Roof! Upstairs Bedrooms Have Wood Floors Under Carpets. Large Windows To Let In The Natural Light Throughout Home. Formal Dining Area & Eat In ...

Idaho MLS Re/max Connections
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11842 W Lewisburg Ct., Boise $379,900

  • 3 Beds
  • 2.0 Baths
  • 2,274 SqFt
  • 0.44 Acres

It Can't Get Much Better Than This! Beautiful Home With An Exciting, Versatile Floor Plan Situated On A Private, Unique .43+ Acre Cul-de-sac Lot In A Great, Sw Boise Location! Three Distinct Entertainment Areas, Lovely Master Retreat With Separate Tub & Sho...

Idaho MLS Silvercreek Realty Group
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4328 N Morninggale Pl, Boise $369,900

  • 4 Beds
  • 2.5 Baths
  • 2,384 SqFt
  • 0.20 Acres

"the Dakota" By Stetson Homes. Spacious Great Room With Floor To Ceiling Stone Fireplace. Gourmet Kitchen With Slab Granite Counter Tops. Stainless Steel Appliances And Island Bar. Main Floor Master Suite Includes: Dual Vanities With Slab Granite Counter, S...

Idaho MLS Silvercreek Realty Group
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1395 Del Rio, Mountain Home $145,000

  • 3 Beds
  • 2.0 Baths
  • 1,303 SqFt
  • 0.18 Acres

Meticulously Kept 3bdrm 2 Bath Home In Desirable Neighborhood With Two North Side Parks. Open Floor Plan With Lots Of Cheerful Light. Relax In The Jetted Master Tub! Enjoy The Back Patio In The Large Fully Fenced Back Yard With Shed And Full Auto Sprinklers...

Idaho MLS Mountain Home Pro Real Estate
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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 July 26th, 2017 at 8:07am MDT.