If you are looking to move into a new place, you may have come across the term “inventory home” and wondered what exactly that means. This often comes up in discussions about custom homes because inventory homes are essentially the opposite. While custom homes are built according to the specific desires of the buyer, inventory homes, or “spec homes” as they are sometimes called, are homes that a builder constructs without a specific buyer in mind. Rather, the builder constructs the home based on popular floor plans that appeal to many people in order to secure the best chance of selling the home. These homes are pre-built, to put it another way.
Inventory homes come with a unique set of benefits, which we will discuss below:
- You can move in sooner. New construction involves many details, and it can be a challenge to predict an exact date the home will be ready due to the numerous variables that factor in. With inventory homes, you can enjoy the benefits of a new home without having to wait several months for construction to be completed.
- You can see the home in the flesh before committing. Custom homes are great, but unless you have a very detailed imagination, you might not know exactly what you are getting until you have already committed to it and paid thousands of dollars. With inventory homes, you can see every part of the house in real life before you decide if it is right for you.
- They are less expensive. Builders do their best to control costs when they build inventory homes, which can make this type of home easier on your budget.