A home that is built for a homebuilder according to their specifications without a sales order
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Definition of spec home in the Definitions.net dictionary. Meaning of spec home. What does spec home mean? Information and translations of spec home in the most comprehensive dictionary definitions resource on the web.
A spec home is a house that is designed by a builder rather than a buyer in hopes that someone will come along and buy it. In other words, it’s a home that is built without a buyer. The phrase "spec homes" is actually short for "speculative homes," meaning the builder speculates that buyers will want to purchase the home when it goes.
verb (used with object), spec’d or specked or specced, spec’ing or specking or speccing. to provide specifications for: Their newest truck was spec’d by a computer.
speculative building meaning: the activity of building houses without having any buyers waiting for them: . Learn more.
“Analyze your standard specifications in what you put into the. he feels many builders think of value-engineering. “Their definition of value-engineering is to make a big ugly house,” he says.
Rather, the spec home buyer typically does enjoy choosing from a limited number of colors, floor plan options and cabinetry styles. By limiting the number of options available, the builder keeps the cost down. This, in turn, makes purchasing a new home more affordable for those who are on a tight budget.
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Find all the synonyms and alternative words for spec home at Synonyms.com, the largest free online thesaurus, antonyms, definitions and translations resource on the web.
I have just read your article on Spec Homes/Custom Homes. We have 4 lots that we purchased in different locations and thought we would try a spec house on one. We understand about the budget for a 3,000 ft. home, plus selling price and anticipated profit, but we also had closing cost, architect fees, drive permit, cost of land, clearing, rough.
Spec definition is – specification -usually used in plural; also : a single quantity (such as a dimension or a measure of performance) describing a product especially as part of a specification. How to use spec in a sentence.