Spec House 101: What to Know Before Buying

Looking for a new construction home? A spec house might just be the one for you. Buying a home can be one of the biggest decisions you’ll make, so we’re explaining all there is to know about a spec home to help your search. So, whether you’re buying your very first home in Atlanta, GA or looking for a new build in Salt Lake City, UT, this article has you covered. Key takeaways A spec house is a great move-in-ready option for those looking for a modern new construction home. While spec homes have modern features, you typically don’t get to pick finishes like with a custom build. When buying a spec house, strategize your timing or negotiate on perks instead of price to get the best deal. What is a spec house? A spec house, short for speculative house, is a new home constructed by home builders and made to appeal to a variety of home buyers. Since there’s no particular home buyer in mind, these homes are built “on speculation” meaning that they’ll typically feature more trendy aspects people may want in a home such as an open layout, a kitchen island, and walk-in closets. What goes into designing a successful spec house? Designing spec homes requires balancing buyer appeal with constr...