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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 #98722773

390 E Water Pocket Ln, Garden City, ID - $399,000

Residential, Townhouse
  • 3 Beds
  • Baths
  • 1,692 SQFT
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A Community Designed For The Ultimate Live, Work, & Play Homeowner! Welcome To The Desirable Waterfront District. Minutes From Downtown, Walking Distance To Restaurants, With Whitewater Park & Esther Simplot Park Just Across The River. The Townho...

Silvercreek Realty Group
Photo of Listing #98722774

2268 Elderberry Pl, Boise, ID - $304,999

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 1,392 SQFT
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Open Today Sat 3/23 12:30-3pm! Location! This Single Level Gem Features 3 Beds, 2 Baths, 2 Car Garage Complete With Rv Parking And No Hoa. At The End Of A Cul-de-sac. Close To Downtown And The Greenbelt! Inside Find Two Living Spaces, Fireplace, O...

RE/Max Elite Properties
Photo of Listing #98721539

4230 N Freeride Lane, Garden City, ID - $365,000

Residential, Townhouse
  • 3 Beds
  • Baths
  • 1,700 SQFT
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Location! Will Not Disappoint! Enjoy The River And Animals, Greenbelt Access With Endless Fishing, Hiking And Biking With Restaurants Galore. Minutes To Downtown Boise, Boise State University, Freeway, Shopping. Gorgeous Brand New Townhomes That H...

Epic Realty LLC
Photo of Listing #98722775

4470 W Renhold St, Meridian, ID - $447,000

Residential, Single Family
  • 3 Beds
  • 3 Baths
  • 2,395 SQFT
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An Oversized Paia, Garwood Building Co’s Most Luxurious Single Level Home Situated On A Corner Lot With No Rear Neighbors In Bainbridge. Split Bedroom Design With Large Front Office Which Could Be Another Bedroom. Spacious Great Room Layout Decke...

Woodhouse Group
Photo of Listing #98722776

5210 W Wolfe Street, Boise, ID - $239,900

Residential, Single Family
  • 4 Beds
  • Baths
  • 1,609 SQFT
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Great Home With Plenty Of Upgrades Such As Beautiful Hardwood Floors Throughout, Granite Countertops In Kitchen, 3 Year Old Roof, Tile Floors In Bathroom, Central Air, French Doors And Faux Wood Blinds To Name A Few. This Home Has Front And Back ...

Silvercreek Realty Group
Photo of Listing #98722778

2465 S Loveland Lane, Boise, ID - $247,900

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 983 SQFT
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Welcome To Hawthorne Cottages, A 12 Home "pocket Neighborhood" By Neighborworks Boise. Located Minutes From Downtown Boise & Bsu In A Quiet Bench Location Close To Shopping & Schools. The Wren" Plan Is A Contemporary Cottage W/ Welcoming Front Por...

Keller Williams Realty Boise
Photo of Listing #98722779

2868 Nw 13th St, Meridian, ID - $349,900

Residential, Single Family
  • 5 Beds
  • Baths
  • 2,053 SQFT
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Mrh Homes Presents The Alaska. Features Include A 90% Furnace, Lp Siding And Hand Textured Walls. Kitchen Highlighted By Stainless Steel Appliances, Gas Range, Stained Alder Cabinets, Large Island With Breakfast Bar, Walk In Pantry And Solid Grani...

Silvercreek Realty Group
Photo of Listing #98722780

2391 S Ormond St., Boise, ID - $286,900

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 1,452 SQFT
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Welcome To Hawthorne Cottages, A 12 Home "pocket Neighborhood" By Neighborworks Boise. Located Minutes From Downtown Boise And Bsu In A Quiet Bench Neighborhood Close To Shopping And Schools. The Avocet Model Is A Is A Wonderful Single Level Model...

Keller Williams Realty Boise
Photo of Listing #98722781

2732 Vallin Ave., Meridian, ID - $319,900

Residential, Single Family
  • 4 Beds
  • Baths
  • 2,586 SQFT
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Large 4 Bedroom, 3.5 Bath Home In Convenient Location. Low Maintenance With Beautiful Outdoor Patio For Entertaining. Close To Settlers Park, The Village And Quick Access To The Freeway.

RE/MAX Executives

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 March 23rd, 2019 at 3:07pm MDT.

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