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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

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
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Photo of Listing #98749370

1908 E Lost River, Nampa, ID - $250,000

Residential, Single Family
  • 3 Beds
  • Baths
  • 1,877 SQFT
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Great Family Home In The Islands In South Nampa! Enjoy Toasty Fires In Your Open Floor Plan With Two Living Areas Downstairs With A Half Bath For Guests. Upstairs Features A Split Bedroom Floor Plan. Master Suite Has An Attached Office That Can Be...

Epic Realty LLC
Photo of Listing #98750609

4180 S Rangewood Way, Meridian, ID - $260,000

Residential, Single Family
  • 4 Beds
  • 2 Baths
  • 1,419 SQFT
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Just Getting Started, Downsizing, Or Investing? This Home Is Perfect! This Charming Single Level Home Features: 4 Bedrooms, 2 Bathrooms, + A Bonus Room, 2 Car Garage & No Backyard Neighbors! Entertainer's Layout With Lvp Flooring, Vaulted Ceili...

Amherst Madison
Photo of Listing #98750610

739 Sun Peak Way, Twin Falls, ID - $465,000

Residential, Single Family
  • 4 Beds
  • 3 Baths
  • 2,953 SQFT
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This Amazing Home Has Such A Well Thought Out Floor Plan & Designer Touches Throughout. Grand Entry W/open Staircase Leads To Office W/french Doors, Living Room W/2 Story Fireplace, Gourmet Kitchen W/all Appliances, Island, Granite Counters, Full ...

Berkshire Hathaway HomeServices Idaho Homes & Properties
Photo of Listing #98750611

15348 Hollow Rd, Caldwell, ID - $559,000

Residential, Single Family w/ Acreage
  • 3 Beds
  • 2 Baths
  • 1,725 SQFT
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Very Clean Home, One Level With Many Out Buildings For Live Stock With Corrals And Barns For Animals. Fenced Back Yard, Three Car Garage. Irrigated Land With Black Canyon Irrigation Water, Irrigated With Hand Lines. Great Views As Property Sits On...

Mark Bottles Real Estate Serv.
Photo of Listing #98750613

16754 Deer Flat Rd., Caldwell, ID - $365,000

Residential, Mobile/Manu Owned Lot
  • 3 Beds
  • 2 Baths
  • 2,280 SQFT
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This Is A Beautiful 3 Bed, 2 Bath, Manufactured Home On A Foundation, Declared As Real Property. Rv Hookup (dump, Power, Water), Newer Water Pump, New Carpet & Paint Inside And Out, New Concrete Counter Tops, New Remodels On Both Bathrooms. The Ba...

Coldwell Banker Tomlinson -Nampa
Photo of Listing #98750614

1907 W Flamingo Avenue 187, Nampa, ID - $90,000

Residential, Mobile/Manu Rented Lot
  • 2 Beds
  • 2 Baths
  • 1,404 SQFT
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Clean And Comfortable! Bright And Cheerful 1404 Sqft Manufactured Home In Silvercrest Estates With A Bonus Room That Could Be Made Into A 3rd Bedroom If Needed. A Spacious Kitchen Features Corian Countertops With An Integrated Sink And Breakfast B...

Coldwell Banker Tomlinson -Nampa
Photo of Listing #98750617

12173 W Pinewood River Lane, Star, ID - $439,900

Residential, Single Family
  • 2 Beds
  • Baths
  • 2,150 SQFT
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This Unique Home On The Water Is An Artist And Bird-lover's Paradise! Nestled In The Gated Section Of The Reserve, Your First Introduction Are Gorgeous Custom Doors That Open Into A Long Hallway With Directional Lighting And High Quality Art Galle...

Woodhouse Group
Photo of Listing #98750618

205 Fillmore St, Twin Falls, ID - $187,500

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 1,832 SQFT
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Dollhouse Alert!!! This Charming Home Will Make You Feel At Home. Cooking Holiday Meals In The Enhanced Kitchen. This Home Will Keep You Comfortable With The New Furnace And A/c. The Plush Carpet In The 3 Bedrooms And Laminate Flooring In The Liv...

Canyon Trail Realty, LLC
Photo of Listing #98750619

1553 E Star Dr., Meridian, ID - $415,000

Residential, Single Family
  • 2 Beds
  • Baths
  • 1,969 SQFT
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Must See Old Engish Style Architecture . Custom Cabinetry Throughout Home With 2" Slab Granite In Kitchen & Bathrooms. Creative Use Of Tile In Kitchen And Bathrooms. Gorgeous Hardwood Floors In Kitchen, Hallways And Great Room. Gas Fire Place Wit...

208 Real Estate

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

IDX 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 November 18th, 2019 at 5:30pm MST.

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