Phone888.995.7575

November 14th, 2023 at 9:30 am

Nothing is quite as exciting as moving into a brand-new house and enjoying all the benefits of owning your own home. At first, you’re occupying bare walls and floors, but it’s like having a blank canvas to fill in with a lifetime of memories. It’s all up to you, so you better know what you’re getting to avoid surprises in your newly built home.

With housing inventory so tight in Southern California, you may find yourself considering new construction vs existing home. With such a low supply, opting for a new home could be a viable option for those with the determination and financing to #FindYourPerfect. Let’s take a look at the primary types of new homes that get built, along with the pros and cons of each home builder so you can choose the best home builder for your vision

Need advice or want to see what’s available? There are many reasons to use a real estate agent, and we are proud of what our New Homes Division has to offer, which represents some of the most respected builders and developers in Southern California. Connect with a new-homes specialist by visiting the New Homes Division website.

Custom homes

These types of homes are built for you and with you. You collaborate with a custom home builder or developer to construct a home that accommodates your tastes and lifestyle. You buy the land and hire an architect and general contractor to help create your dream home, or you can enter into a contract to create a home on land the developer or builder owns.

Custom builders often provide a basic home floor plan you can tweak for an additional cost. That could mean adding a laundry room on the main floor, or an in-law suite in the basement. You can make rooms bigger or smaller, upgrade cabinets, and choose the bathroom tile. The builder will give you a budget for each finish, and then apply a credit if you go under or charge you more if you exceed the limit.

Spec homes

“Spec” is short for “speculative,” because they’re constructed by builders or developers before they have a specific buyer. Typically single-family homes, townhouses, or condos, spec homes contain features and finishes the builder thinks will appeal to the greatest number of potential buyers. You might be able to find a spec home under construction and given the chance to specify some elements such as counters and cabinets. But typically, spec homes are sold as a completed package.

Tract homes

Developed on large tracts or parcels of land, tract homes are usually built in planned communities in a city’s suburbs (unlike modular homes, which are typically built off-site). You could buy an available lot and then choose a floorplan if the development is underway, or purchase an already-built home in the tract. Tract builders provide design choices that establish a consistent look and feel.

Lots and land

Buying an undeveloped lot that’s not associated with a planned community gives you plenty of options. You can build a home right away, or wait until you have more time and money. Even if you build nothing, land can be a smart investment, depending on the location.

Want to know more? Get in touch with one of our California REALTORS® and a New Homes Division specialist to start your exciting journey toward new home ownership.

Like what you see here? Sign up for more! Our free e-newsletter informs you of listings in your community, insider real estate tips, the latest in home trends, and more.

7 Comments

  • Hi, I check your blogs regularly. Your writing style
    is witty, keep up the good work!

  • Keep on writing, great job!

  • You could certainly see your skills in the work you
    write. The world hoopes foor even more passionate writers such as you who aren’t afraid to mentfion how they believe.
    At all times follow ylur heart.

  • XYGpqLrjk says:

    RwKHjYkbsJmgrVuZ

  • Seeking guidance or eager to explore available options? The expertise of a real estate agent proves invaluable, especially given the array of benefits our New Homes Division brings to the table. Proudly representing some of Southern California’s most esteemed builders and developers, our division stands ready to assist you in navigating the intricate landscape of new home acquisitions. Connect with a dedicated new-homes specialist today by visiting our New Homes Division website. Consider enhancing your experience further by leveraging our professional letter writing service to ensure your communications with builders and developers are precise and effective.

  • Lillian Starr says:

    Need working capital for your business but not sure where to start? I can fix that, let me show you how. Send me an email below now.

    Elizabeth Miller
    Working Capital Loan Specialist
    295 Seven Farms Drive
    Suite C- 201
    Charleston, SC 29492
    http://www.HelloRatesFastFunding.com
    elizabeth.miller@helloratesfastfunding.com

  • Tom Beier says:

    Did you know that a mere 1% of users bother to browse past the first page of search results? Don’t miss the chance to attract more traffic – get a complimentary website SEO audit today and boost your search engine ranking. Click here to fill out the form for Free SEO Website Audit: [Link deleted]

Leave a Reply

Your email address will not be published. Required fields are marked *