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4 Benefits of Spec Homes

Spec Homes | March 9, 2023

If you are considering purchasing a new construction home, you will likely need to choose between a custom home or a pre-designed spec home. While custom homes are a popular choice due to the total customization they offer, they can take a long time to construct and cost more than some buyers expect. That is why many buyers are considering spec homes and the benefits they can provide for their families. As a leading provider of custom homes and spec homes for all types of homeowners, the team at Ridgepoint Homes knows how difficult it can be to determine which option is best for your needs. That is why we have compiled a list of 4 benefits of spec homes to help you determine if one is right for you, your family, and your lifestyle.

Learn about the differences between spec homes and custom homes.

4 Reasons to Choose a Spec Home

Spec homes offer the following benefits for most buyers:

1. Faster Availability

Custom homes can take over a year to design, prep, and construct. Most families cannot wait this long for a home, especially if they have young children or have no nearby family members to live with. While custom homes can take a long time before they are ready to move into, most spec homes are available for immediate purchase. This means that you can walk through the home one day, submit an offer the next, and move in a few days or weeks later.

2. Cost-Effectiveness

In most cases, spec homes are significantly cheaper than custom homes due to the reduced labour costs and time requirements for the project. While some buyers may associate these lower costs with cheaper build quality, spec homes typically feature a lower price due to a more efficient construction process. In other words, by spending less time on design and collaboration, the construction team can get the job done faster and reduce the total cost of the project. If you choose a spec home instead of a custom home, you are choosing a brand-new living space that delivers modern quality, comfort, and reliability at a lower price tag.

3. Seeing the Finished Product Before You Buy

With a spec home, buyers can walk through a finished physical property before deciding if they want to purchase it. This means that you will know exactly what you will be getting when you purchase a spec home. With a custom home, you will need to rely on drawings and 3D renders (if the builder offers them), meaning that you will need to imagine how the home will feel to live in. While this is not an issue for some homebuyers, it can be a dealbreaker for others.

4. Suitable for Most Lifestyles

Spec homes are constructed to fit many different lifestyles and family configurations. This means that most spec homes are designed with balanced amenities and a flexible layout that can be utilized in various ways. Whether you want a forever home for your growing family or need a space that can entertain guests every week, a spec home can fulfill either role perfectly.

To learn more about our spec homes or other construction services, get in touch with the experts at Ridgepoint Homes. We can be reached through our online contact form or by phone at 604-768-7664 and will be happy to discuss your project.