Building a home for some people entails overseeing the construction from the start and dedicating a few months in the entire process. Some others do not need much of your time and efforts, but still, go perfectly. And there are some builds that you can buy directly “off the rack”, completely built. However, it depends on your choice of the type of builder. Whether you choose a custom home or a customizable home, it does you good to know their differences.
What Is A Production Home?
A production home is the middle-ground between a fully custom home, which you build from scratch, and tract homes, which are ready to move in. Production homes offer some customization and these builders construct hundreds of homes every year. Tract home builders do not offer much in terms of accommodating for the home owner’s plans. The main consideration in deciding on custom home vs production home is the affordability. A production home is very popular because it can be built in a unique design, reflecting your style, and also provides you an affordable option.
Differences Between A Production Home, Spec Home, And Custom Home
A tract builder might make the most cost-effective of homes, but the fact is that there is so little that you can change in their designs. On the other hand, custom and customizable homes allow your inputs fully or partially. Let us see below the various types of home builds.
Customizable home plans stand exactly in between tract housing and 100% custom homes. You can get your dream home in customizable plans, without having to spend a fortune.
Homebuyers can select any model they like and then modify according to their tastes. What parts of the layout can be changed depends on many factors, but you will have the option to choose from designs like countertops, flooring, and cabinets. Some builders even offer you the choice of structural components like the shingles and insulation.
Customizable production homes are also quicker to build when compared to completely custom homes since the builders are familiar with their plans. The builders can also give a tour of their model homes to give you a good idea of the finished product, which cannot be said about custom homes.
A spec home or a speculative home is a brand-new property that is near completion or fully finished. These homes come with pre-customized features, made with minimal charges. A spec home can be a safe investment, depending on the builder.
Specs homes are well-built, have great amenities and upgrades, and are located in promising neighborhoods. Once you decide on a semi-constructed spec home, you can select the finishes and they will be ready in no time for immediate occupancy.
A spec home loses in the battle of custom home vs spec home because you have to accept the build features whether or not they match your lifestyle needs. Rather than getting the special features that you dream of, you have to live with the builder’s idea of a home.
A fully custom home is what offers the buyer complete control over the build. As a homeowner, you can be involved in making every decision. Whether it is the layout, design, materials used, amenities, or finishes, you have a say in everything.
Although custom homes are specific to a site, you can tailor it according to your unique ideas. One of the biggest attractions is that you have the option to add eco-friendly choices or choose features that suit your location and environment.
However, this can be daunting, especially if you have no experience in overseeing a home build. Custom built homes are also expensive and they take more time to build. And without any blueprints or previous models to compare with, you also don’t have an idea of how the final product might turn out.
Which Is Right For You?
In order to say which is right, consider the pros and cons of both custom and customizable homes. Although with custom homes you get a truly unique home and you get what you dreamt of, the construction takes a long time and it could get overwhelming with unexpected issues or unpredictable costs. On the other hand, customizable production homes can be more cost effective and faster to build, but the customizations are limited. To summarize, it is a personal choice whether to get your dream home even if it is more expensive, or be reasonable and look for affordable builds.