Regardless of which type of home you want, you’ll want to look at the different floor plans available. Contractors may only offer shades of white or certain cabinets. With a spec home, your options are limited. You can build the house from the bottom up and in the way you want - you’ll have to pay accordingly. “It’s easier to build a custom because you have more choices. Russell Wing, a top-selling agent who has sold 83% more single-family homes than the average agent in Union County, North Carolina, shares insight on the benefits of a custom home. Custom homesĪ custom home is where you have your own plot of land and hire a builder to build a house exactly the way you want it. Tract homes could include single-family homes, condos, or townhomes. They’ll then construct homes from specific architectural options planned for that community. Tract homes are when a developer buys a large plot of land and divides that land into individual lots. If you go under contract early enough on a spec home, you may be able to choose some features like flooring, paint, kitchen appliances, and other finishes. Spec homes are single-family homes that are built in a development with no particular buyer in mind. There are three types of builds available spec homes, tract homes, or a fully custom home.
Step 2: Research the type of house you want