spec home
Unsold new construction
A spec home is a house built by a developer without a specific buyer, constructed on speculation that someone will purchase it upon or before completion.
The term distinguishes these from custom homes built to a particular buyer's specifications.
Spec homes are typically designed with broad market appeal: Three new spec homes went up in the subdivision last year.
- prefabPre-assembled building
- self-buildPersonally constructed dwelling
- builderOne who erects structures
- constructionProcess of building something
- developerOne who builds things
new construction · housing development · subdivision · showhome · showplace · lot size · house · real estate · for sale by owner · turnkey · tract housing · property · land acquisition · permits · inspections · floor plan · framing · curb appeal
- housing typesranch house, split-level, Cape Cod, bungalow, apartment complex
- suburban homestract housing, single-family, ranch house, ranch, split-level
- new home salesmove-in ready, new construction, subdivision, housing development, design center
- housingapartments, house, houses, apartment, condo
- houseshouse, bungalow, ranch, colonial, ranch house
- model homes
spec, home, speculation, speculate, speculative, speculator, speculated, speculating, homes