What is Spec Home Building?

What is a Spec Home?

A spec or speculative home is a house that is built with the hopes that it will sell after or before construction is complete.  A spec home is different from a custom home in that the owner or builder or investor builds a spec home hoping to sell it. A custom home is contracted to be built by a prospective home owner that is planning on moving in once construction is complete.

With the downturn in the housing market over the last decade, speculative homes have become rarer and rarer.  Many home builders became unwilling to risk putting their money in spec homes, lacking confidence that they would sell for a decent profit following completion.

Many builders have had to turn to co-signors to get banks to loan them money: See article here on Minnesota Builder using co-signer to finance spec home building.


  1. Whenever you add together the better odds and also the actual funds bonuses it is hard to beat the value of an
    internet casino. They must offer a safe and a secure gaming
    environment to all the players. Online casino software aims to do one
    main thing, that being, to make your online gambling experience as close to an experience in a real casino as possible.

    The public is crying out to these lawmakers to change the online gambling laws.

  2. Building a spec home is a risk, however I wouldn’t compare it to Online Casinos. Or, maybe you’re just a spammer.

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