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SPEC HOMES - The term "spec" is short for speculative home for sale. Builders, even custom builders sometimes build homes for sale with no particular buyer in mind. Depending on how far along the building process is, it's possible to still make some of the selections such as paint colors, tile, counter-tops, and more. A spec home will have much of the design efforts already complete.

The builder has already made a lot of decisions regarding what will go into constructing the home. It's likely the builder's decisions will be fairly conservative hoping to create a home that will appeal to the broadest market possible. There will usually be a few areas where the builder goes the extra mile, but generally speaking, the overall price of the home will be a major consideration.

Depending on the price range of the home, builders will usually make their best effort to build what they think will sell easily. An experienced builder will know what people like and are willing to buy. Some builders specialize in spec homes.
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