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Buying a home is a milestone in life that most people work long and hard to reach. Once you reach the point in your life when you can buy a home, there are many things to consider: the city, the community, surrounding schools, entertainment, the roads, the climate, and home prices, to name a few. The current status of the housing market and the status of your bank account may also be defining factors of the home you buy. Among these choices is that of what kind of home you will buy. Custom, spec, and tract homes are the three most common types. Each of them is very different from the others. Your choice depends on your personal circumstances and preferences. Each type will determine what your buying experience is like—whether you will hire Kent County custom home builders, get help from an agent, or shop on your own. Here are the main differences in these 3 types of homes. Spec Homes Many spec homes are built each year. These homes are built without a specific owner in mind. Because of this, spec homes are designed to be pleasing to any person in general. They tend to be somewhat simple and universal in design. A spec home is usually sold after it has been completely built. It is not uncommon, however, for people to purchase such a home while it is still in the building phase. When this happens, the buyer is able to coordinate some of their own ideas with the builders, such as colors and materials. Their control is limited, though, because the building plans have already been drawn and implemented. Tract Homes Tract homes are also nicknamed "cookie cutter homes," meaning one home is generally the same as the homes around it. They are usually found in large cities and rural areas. Tract homes are built into a community of houses with similar layouts, color schemes, materials, and lots. Some people enjoy the symmetry of these neighborhoods. These types of homes can also be more cost effective than spec or custom homes. This is because builders who purchase materials in greater volumes end up spending less per house for the materials. Often, things such as cabinets and flooring are also done on a lower budget. Like spec homes, tract homes are built with layouts and styles to please the general public. Custom Homes For some, building a custom home is the ultimate goal. As the name suggests, custom homes are built to fit the owner's wants and needs. A custom home can have whatever amenities, rooms, measurements, and appearances that the owner wants, as long as they can afford it and it does not break the laws of physics. Someone purchasing a custom home works closely with the builders. Often times, the builders and the owner work as a team to design the home. This can be an enjoyable experience for the owner, who is able to watch their own home come to life through the building process. Building a home is like planning a wedding. There are many choices to be made, including ones that people usually don't think about. Molding, light fixtures, towel racks, cabinet handles, faucets, and the placement of electrical outlets are all examples of small details that are up to the owner in a custom home. Kent County custom home builders will provide their expert opinions to help an owner make the best decisions for what they want and need. Building this type of home can be a great experience with the right builders. This is why it is so important to hire a reputable, experienced, personable team of builders for the project.
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