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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 #98773393

5768 N Marcliffe Ave, Boise, ID - $500,000

Residential, Single Family
  • 4 Beds
  • 2 Baths
  • 2,768 SQFT
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A Rare Diamond W/spectacular Views! Open-concept, Beautiful, Classic Rim Home Overlooks The Boise Foothills, Boise Watershed, And Is Just Minutes From Hyatt Hidden Lakes Reserve. Spacious Living/dining Areas Surround The Open Kitchen. Triple-pane ...

exp Realty, LLC
Photo of Listing #98773189

969 E Shady Ridge Drive, Kuna, ID - $350,000

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 1,823 SQFT
  • 1 DOM
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Welcome Home! Beautiful Open Floor Plan With Split Bedroom Design. The Kitchen And Family Room Area Are Great For Entertaining. Soft Close Cupboards Throughout. Gas Range. Dual Zone Unit. Waterproof, Durable & Quiet Wood Laminate Flooring. Master ...

Skyline Realty
Photo of Listing #98772797

1916 Tyler St, Nampa, ID - $230,000

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 1,117 SQFT
  • 1 DOM
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Adorable Single Level Home Located In A Quiet Cul-de-sac. This Split Level Floorplan Features 1,117 Square Feet, 3 Beds & 2 Baths. Vaulted Ceilings & Gorgeous Floors In Living Room. Feels Fresh With Brand New Interior & Exterior Paint. Spacious Ba...

Keller Williams Realty Boise
Photo of Listing #98773342

3798 N 3550 E, Kimberly, ID - $520,000

Residential, Single Family w/ Acreage
  • 5 Beds
  • 3 Baths
  • 3,856 SQFT
  • 1 DOM
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Looking For A Hard To Find Ranch Style Home On 1 Acre With No Cc&rs And A Shop? This Property Has A Beautiful 3856 Sq Ft Home. 5 Beds, 3 Baths, Great Room, Family Room, Office, Fully Fenced Yard, And 2 Water Shares. Huge 40x60 Drive Through Shop W...

Super Realty of Idaho
Photo of Listing #98773343

9943 W Abram Ln, Boise, ID - $54,900

Residential, Mobile/Manu Rented Lot
  • 2 Beds
  • 2 Baths
  • 938 SQFT
  • 1 DOM
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Priced To Sell, Great Condition! Affordable Living In Central Location & Close To Shopping & Medical Facilities. Premier 55+ Community W/clubhouse This Immaculate Split 2 Bedroom, 2 Bath Updated Home Is Lovely And Is Just What You Have Been Wait...

Keller Williams Realty Boise
Photo of Listing #98773344

3682 N Leslie Way, Meridian, ID - $499,900

Residential, Single Family
  • 4 Beds
  • Baths
  • 3,419 SQFT
  • 1 DOM
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Welcome Home! Picture Perfect Inside And Out Located In Champion Park Near The Village. Over 3400 Sq Ft Offering 4 Bedrooms, 21x17 Great Room, 16x12 Office, 21x18 Bonus, 3 1/2 Baths, Georgous Kitchen With Granite And Ss Appliances. Quality Constru...

Silvercreek Realty Group
Photo of Listing #98773345

2325 N Yonkers Lane, Boise, ID - $294,900

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 1,348 SQFT
  • 1 DOM
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Take A Look! Lots Of Recent Upgrades (over Last Five Years) From Roof To Hvac To Bathroom To Kitchen With Stainless Steel Appliances. Centrally Located In Boise On A Private Lane. Enjoy The Wood Pellet Stove In The Winter. Exterior Workshop For St...

Choice Northwest Realty Corp.
Photo of Listing #98773347

3058 Moonrise Road, Twin Falls, ID - $699,900

Residential, Single Family
  • 3 Beds
  • 3 Baths
  • 3,279 SQFT
  • 1 DOM
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Farmhouse Style With Clean, Contemporary Accents. Fresh White Exterior Finishes Include Whitewashed Brick, Board And Batten Siding, And Natural Wood Accents. This 3/3 Home Features A Gourmet Kitchen With Walk In Pantry And Separate Butler’s Pantr...

Willow Realty Group
Photo of Listing #98772588

3379 S Como Ave, Meridian, ID - $399,000

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 2,338 SQFT
  • 1 DOM
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Beautifully Appointed Home With Many Upgrades, Including A Kitchen W/granite Slab Counters, Ss Appl & Large Island. Floor To Ceiling Rock Fireplace, Mbr Features Luxurious Bath W/walk-in Shower, Separate Tub, Dual Vanities & Huge Walk-in Closet. B...

208Homes

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 July 12th, 2020 at 7:00am MDT.

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