FAQ: What is a Spec Home?
New homes that are sold while under construction are referred to as Spec Homes.
Spec Homes are a fabulous option for those who want the benefits of a brand-new home without the wait! Why? Because you skip the entire pre-construction phase of researching, planning and awaiting permits for the build.
Depending on the stage of construction, the majority of design decisions will already have been made for you by our experienced building and design team. This means you won’t have the same flexibility to make plan changes that you have with one of our house and land packages. The plus side to this is that you needn’t rely on plans and colour swatches to imagine what the home will look like. You can actually walk through the property as it is taking shape!
From a financial perspective, buying a Spec Home is much simpler than a typical new home contract. All our Spec Homes are sold with settlement upon completion so that you can avoid potentially complex lending arrangements and progress payments.
Whether you choose a Spec Home or a Lansell House and Land Package will depend on your personal needs and preferences.
If you’re the type of person who enjoys being involved at every step in the process, a new build might be the way to go. For buyers who want a more streamlined build, investors who don’t want to have their money tied up during a new build process, and or first home buyers who want a new home without having to pay progress payments and rent, a Spec Home is an excellent option. Either way, it pays to consult with an experienced builder like Lansell Homes – who have a proven track record, are customer focused, financially secure and experienced in Spec Home construction.
At Lansell Homes, we build premium quality new homes to a Fixed Price with everything included so that you truly move in with nothing more to do!
Learn more about taking your build to a level of completion well beyond all other Bendigo builders; contact Joanne Grae at 0448 829 957 today.