Discover which one is right for you.
You’ve made the decision to buy a brand new home. Great choice! However, there are more choices to be made, including whether you want a spec home or a new build.
We’ve broken down the differences so you can decide which works best for you.
Spec Homes: A Head Start to Moving into Your New Home
While you may be familiar with the term, what exactly is a spec home? Short for speculation, these homes are nearly or fully complete houses that a builder constructs without a specific buyer as a showcase. You may have already toured a few spec homes.
Perks of a spec home include:
- There’s no waiting for it to be built. They can often be ready within weeks.
- Most major design decisions have already been made, simplifying the process.
- You can fully experience the home. Walk through it, touch everything, and picture yourself living there without relying on photos and drawings.
- The price is already set, and is often more affordable.
- These homes often include upgrades or extras because they’re built with the most popular and coveted options in mind.
- The spec home prices include lot costs.
Bottom Line: Spec homes are ideal for people who are in a hurry to move and those who find the process of making choices stressful.
New Builds: Created to Your Specifications
A new build is exactly what it sounds like, a home built from the ground up. Construction does not begin until you commit to purchasing the planned home. You work with Lancia Homes to choose the lot, floor plan, features, and finishes.
Key considerations of a new build:
- You have more control over details and customization options ranging from layout to finishing details and home size.
- You are more involved in the build process, making key decision throughout the build process.
- The timeline may be longer. It may take several months to complete the build.
- You have greater flexibility not only in design choices, but often in final pricing as well because you may be able to make adjustments to fit your budget.
- Lancia Homes new builds can be on your lot, our lot, mixed developments or on private land.
Bottom Line: If you have a specific vision in mind and have a more flexible timeline, a new build is probably right for you.
Making the Final Decision
If you’re still not sure which option is best for you, ask yourself the following questions:
- What’s my timeline? If you want to move quickly, a spec home gets you in faster.
- How important are custom details? If you have specific details you really want, a new build offers more personalization, including choosing your lot.
- How do I feel about decisions? If choosing every fixture sounds fun, then you probably want a new build. If it feels overwhelming, a spec home may be the better option for you.
- What’s available? Spec home inventory varies greatly by builders. A Lancia Homes rep can help provide clarity around what is available at any time.
Remember, You Get a New Home Either Way!
Whether you choose a spec home or new build, you end up with a brand new home which comes with plenty of great perks, including energy-efficiency, modern layouts, and fewer maintenance issues. So either way, you’ll get a home that’s built for today’s lifestyle.
Let Lancia Homes help you make your choice, we have plenty of model homes to tour so you can decide the best option for you. Contact us today!
