There are two main types of new-build homes: spec homes and custom homes. Both have advantages and disadvantages that are important to understand before committing to one over the other. In this blog post, we’ll look at the differences between spec homes and custom homes so you can choose the right option for you and your family.
The Essential Facts About Spec Homes
Most spec homes have a standard footprint or options for different levels that provide more or less footprint. Generally speaking, a spec home is purchased off-plan before a build starts or in the very early stages of construction. Because of their limited design options, spec homes are faster and more affordable to build. Some find spec homes limiting, while others prefer the set options available.
Our Honest Thoughts on Custom Homes
On the other hand, custom homes allow you to completely personalize the home you build. Because it’s entirely decided and built for you, custom homes offer unlimited design options. However, they are a higher overall investment and take longer than a spec home.
Making a Personal Choice: Which is Right for You?
Deciding between a spec home or a custom home is a personal choice, and choosing what is right for you is important. The different options may seem overwhelming initially, so I always ask clients to consider what is most important to them. For example, are you happy to wait longer for something completely personal to you and to make those design decisions yourself? Or would you find it easier to have set options to choose from and complete the home build sooner? What are your goals? Think about your 5, 10, and 15-year goals.
Discussing your project with various professionals before making a final decision is also helpful. Check out Why an Interior Designer Should be Your First New-Build Hire.
Choosing the right type of home seems difficult at first, but it’s important to consider what you’re looking for as a family. It’s crucial to choose the route best suited to you and your family’s future before finding professionals to make it happen.
As a designer, I have helped countless families with their new home decisions and guided them through the process. Reach out to me, and let’s have a chat!
If you're looking for a skilled design team who can guide you through the entire new build selection process, we would be honored to help design the family home of your dreams.
Cheers,
Laura
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