With so many speculative and custom home builders Sydney-wide, residents are truly spoiled for choice when it comes to choosing a builder for their new home. But what, exactly, is a custom home? And how does it differ from a speculative home? In its simplest form, a custom home is built based on the individual needs of the homeowner. These homeowners will often collaborate with a designer or architect to create a distinctive design that meets their specific needs. A speculative home, or a spec home, is a home that’s built around the premise that it will sell for an easy profit. These homes are often designed as ready for moving in to appeal to prospective buyers. In this blog, we’re going to examine the differences between these two types of homes in more detail.
What are the benefits of a custom home?
One of the great things about investing in a custom home is the level of personalisation. With a custom home, homeowners have complete control over the design of their homes. This means they can create a living space that perfectly meets their needs and reflects their personal style. Another great thing about this type of home is that they’re typically built with higher-quality materials than spec homes, which means they are often more durable and longer-lasting. They also can be built with energy-saving features, like solar panels or efficient heating and cooling systems, to help homeowners reduce their long-term energy expenses.
What are spec homes?
Spec homes are built by builders without a specific buyer in mind. These homes are constructed based on a pre-designed plan and are typically sold before they are completed. While spec homes can be a good option for some buyers, they lack the personalisation and customisation of home interior.
What are the benefits of a spec home?
Like with a custom home, spec homes have a plethora of benefits for homeowners. As spec homes are built for the market and without a specific buyer in mind, they tend to be more affordable than custom homes. Another great thing about spec homes is that they’re incredibly convenient for budding homeowners, as they are already designed and built for ease of moving in. And homeowners know exactly what they’re getting with a spec home. They can tour display homes and see the layout for themselves before deciding on any final touches.
Choosing between a custom home and a spec home truly boils down to what your needs are. If you require a home with specific features and add-ons that are tailored to you, or your family’s, needs, then a custom home is the way to go. But if you want to keep things simple, opt for a spec home to make the moving process smoother and easier. Should still need guidance on which type of home to choose from, chat to your local custom home or spec builder – they’ll help you decide which type of home is right for you!