If you’ve been in the market for a brand-new home, you might have heard something about spec homes—or perhaps inventory homes, move-in ready homes or homes under construction. Our personal favorite is quick move-in homes, but they all refer to the same thing: new homes that builders begin construction on before they’re under contract to a buyer.
This enables new communities to keep a steady flow of homes for prospective homeowners. It also provides you, the homebuyer, with some special advantages. Read on for how you could benefit from buying a spec home.
Enjoy your new home sooner.
The most obvious perk of buying a spec home is that construction is either already complete or underway, meaning you may be able to close within weeks—or even move in right away! And a quick move-in means you get to enjoy all the exciting qualities of a brand-new home that much sooner.
For example, many spec homes already boast included features selected by professional designers. If you don’t enjoy looking through swatches and samples, this can be a big plus. Rather than selecting the details of your home in a design center and envisioning how they’ll look in the finished product, you could have your choice of completed spec homes that have been already been professionally designed for timeless beauty and lasting appeal—a window-shopper’s delight. That brings us to our next advantage.
Try it on before you buy.
Although most builders have at least one model home you can walk through at a community, there’s always the chance that the floor plan you want may not have been built as a model home. When you shop completed spec homes, you’ll have the chance to explore every inch of the exact home you’ll buy, from the professionally coordinated countertops and cabinets to the storage space in the pantry. Go ahead: bring your tape measure and see how your furniture will fit!
Search below for quick move-in opportunities in your area.
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