What Is A Spec House

Answer for "What is a spec house?"

Joan  Means real estate agent
  Century 21 Bradley Realty

The textbook definition of a spec house is "one built on a speculative basis, without an order on the books". Commonly, a buyer will be unsatisfied with this type of house because it was not built or customized to their tastes.

Have a question or comment? We're here to help.

*** Your email address will remain confidential.

Search Real Estate FAQ

Related Real Estate FAQ

Related Real Estate Glossary Terms