A spec home, short for speculative home, is a term that refers to an unoccupied house built by a builder or developer before the sale of the home has been arranged. Spec homes are typically designed with a wide selection of features and amenities that appeal to a broad spectrum of buyers. Built with pre-selected designs, finishes, fixtures, and materials, spec homes can be completed quickly and often seen as an attractive option for those looking for an affordable yet fully customized home.
Spec homes are not only popular among first-time home buyers but also investors looking to purchase a new property quickly and without any hassle. In addition to providing convenience and cost savings, spec homes also provide detailed information about what is included in the price including appliance upgrades or any other value-added features that may be included in the sale.