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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2717 W Woodlawn Ave, Boise $215,000

  • 2 Beds
  • 2.5 Baths
  • 1,255 SqFt
  • 0.07 Acres

Just Blocks From Boise's River Park, Esther Simplot Park, Quinn's Pond, And More! Enjoy Low Maintenance Homeownership With Full Xeriscape Landscaping While Native Trees Provide Shade Around The Property. There Is A Balcony Off The Master, Which Features A H...

Idaho MLS Expert Realty Llc
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3931 W Crossley Drive, Eagle $359,900

  • 3 Beds
  • 2.0 Baths
  • 1,875 SqFt
  • 0.12 Acres

Thoughtfully Designed With A Luxurious Modern Flair And The Designer Finishes You Have Dreamt Of! Maintenance Free Living Minutes From Eagle Island State Park, Coffee Shops, And Downtown Eagle. Distinct Open Great Room And Kitchen Space Will Energize The Ch...

Idaho MLS Silvercreek Realty Group
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1315 N 8th Street, Boise $389,500

  • 3 Beds
  • 1.0 Baths
  • 1,648 SqFt
  • 0.13 Acres

11' Ceilings, Wood Detail, Stunning Restored Hardwood Floors. One Of A Kind Home! Kitchen Has New Ceiling Height Cabinets, Stainless Appliances, And White Granite Countertops. Much More! Walk To Downtown, Camel's Back Park, And Hyde Park Area. Must See!

Idaho MLS Lowes Flat Fee Realty
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1797 W Highway 52, Emmett $299,900

  • 2 Beds
  • 2.0 Baths
  • 2,037 SqFt
  • 5.42 Acres

Great Place To Hang Your Spurs. 5.42 Irrigated Acres, Fenced For Horses. Nice Barn W/ 2 Stalls. You'll Love The Spacious House W/2 Bedrooms & 2 Baths. Could Be A 3rd Bedroom However No Closet. Recent Upgrades Include, New Septic System, All New Windows And ...

Idaho MLS Re/max Elite Properties
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2724 W Bannock, Boise $574,000

  • 4 Beds
  • 2.5 Baths
  • 3,110 SqFt
  • 0.14 Acres

Spacious One Of A Kind Home In The Heart Of Downtown! Minutes From The Boise River, Greenbelt, And Whitewater Park, This Expansive Fully Updated Remodel Features Vaulted Ceilings, Custom Tile And Wood Flooring, Three -sided Fireplace, And Windows Throughout...

Idaho MLS Group One Sotheby's International Realty
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1840 W Creek, Nampa $179,900

  • 3 Beds
  • 2.0 Baths
  • 1,473 SqFt
  • 0.21 Acres

Great Location For This Home.the Development Is Newer, Home Located On A Cul-de-sac. Quick Access To The Elementary School. Fully Fenced Backyard. The Home Has A Tenant On A Month To Month At $1095.00. Need To Give Us 24 To 48 Hour Notice. Sick Child.

Idaho MLS First Service Group Real Est.
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1323 E Oakridge, Boise $215,000

  • 3 Beds
  • 2.0 Baths
  • 1,224 SqFt
  • 0.21 Acres

Sweet Little Rancher On The Se Bluff Sits In Quiet Breckenridge Sub - A Boise Community Perched On The Old Oregon Trail. Community Park & Tennis Courts Offer Rest, Relaxation & Recreation. Single-level, Open-living Concept W/ New Paint, Carpet, Furnace & Mo...

Idaho MLS Red Pheasant Realty
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1064 W Darrah, Meridian $309,000

  • 4 Beds
  • 2.0 Baths
  • 2,100 SqFt
  • 0.20 Acres

Come Home To This Stunning Single Level Monterey 2100 Located In The Coveted Crossfield Development In Meridian. Enjoy Tile Flooring, Granite Counters And A Wonderfully Open Floor Plan. Vaulted Ceilings And Beautiful Upgraded Cabinets Complete The Package. ...

Idaho MLS Woyak And Company Realty, Llc
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3119 N Wagon Wheel Rd, Boise $324,900

  • 3 Beds
  • 2.5 Baths
  • 1,902 SqFt
  • 0.33 Acres

Charming Home In The Highly Sought After Highlands Area Of Boise. Beautifully Maintained Single Level Property With New Roof 8/2016, 1/3 Acre Lot, Rv Parking And Shop With Electricity. Features Private Master Bedroom, Bath, Walk-in Closet And French Doors T...

Idaho MLS Homes Of Idaho
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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 June 27th, 2017 at 9:07am MDT.