what does a spec house mean
Definition of on spec in the Idioms Dictionary. The homes layout and flooring and its appliances and features are chosen by the home builder not the buyer.
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Scott Frankel defines a spec home as one that is financed and owned by a home builder before its bought by the consumer In a custom build the consumer is involved from preliminary plans and.
. The custom turbocharger was specd by our mechanic. A spec home is a brand new property that is completed or nearly completed before it is sold. What does on spec expression mean.
As far as investment dynamics go building a spec house is a close cousin of fixing-and-flipping houses. Seems a lot like high technology nonetheless it implies saturated in specifications particularly numbers or hardware standingVariable consumptionLow SpecMid SpecHigh Spec. Definitions by the largest Idiom Dictionary.
One does not need to be on both spectrums to be a part of the A-spec Community. There are two camps of thought the first is that it stands for on speculation referring to the practice of commencing a build speculatively. The construction of spec houses.
The builder selects the finishes typically current trends so the spec home appeals to a broad segment of buyers. List of 2 best A-SPEC meaning forms based on popularity. Most common A-SPEC abbreviation full forms updated in December 2021.
What is a spec house. Vernon Greene - October 19 2020 1356. A spec home is a new move-in-ready home built by home builders across the country.
Verb used with object specd or specked or specced specing or specking or speccing. A spec home is a house that was constructed by a developer speculatively. Consequently a spec home isnt an option for those who want a custom build.
However legislation was put in place to allow these. Specification usually used in plural also. What is SPEC meaning in Construction.
The way its conception and building is done is reversed - a building companycontractors will build the home with their own. Frankel Building Group in Houston builds custom and spec homes. To provide specifications for.
Spec buildings are those built by a licensed contractor on hisher own land for the purpose of resale when there is not a custom contract. What does A-SPEC abbreviation stand for. What is a spec house.
A term useful for describing your computers specifications. The other suggests that it stands for on specification in other words being built to a base spec decided by the yard while obviously also meaning that a build has started without a client behind it. A spec home is one that you build under the speculation that you will find a potential buyer who is willing to purchase the house.
Built done bought etc as a speculation. Unlike most other types of real estate investments spec house construction and flipping houses arent intended as long-term investments. The term spec house refers to a house that is built for the sole purpose of selling for a profit.
A single quantity such as a dimension or a measure of performance describing a product especially as part of a. A residence built without a particular buyer in mind or under contractbut designed to appeal to the maximum market possibleSpec houses are typically built in an inexpensive mannerbut with decorative finishes commensurate with the tastes of the target marketFor examplean upper-bracket spec home might have a marble entrywaybut wire shelves in the. A-SPEC is listed in the Worlds largest and most authoritative dictionary database of abbreviations and acronyms A-SPEC - What does A-SPEC stand for.
US uk spek us spek. Homebuilders offer spec homes because not every homebuyer has five to six months to wait for their new dream home to be built. What does SPEC mean.
An umbrella term that refers to the Aromantic Spectrum and the Asexual Spectrum. 6 meanings of SPEC abbreviation related to Construction. These are houses that are built before a home buyer makes a purchase.
No we didnt commission the developer to build our houseit was built on spec with the rest of them. Used to describe a house etc. That is designed and built by a person or company to be sold to anyone who will buy it rather than for a particular customer.
Prior to January 2003 certain counties allowed the provisions for contractors to spec build in their county of residence. A spec home is a brand new property that is completed or nearly completed before it is sold. A spec home is a move-in-ready new home often built as a display house for a new community.
There are both pros and cons to spec home building. On spec - Idioms by The Free Dictionary. High spec meaning in Urban Dictionary.
In the hope of finding a buyer and making a profit later. This means that these brand new custom built homes are completed or almost completed before they have actually been sold. There are many pros and cons to this approach.
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