3 Tips When Buying a Spec Home + $500 Giveaway

This post is sponsored by Elevated Builders, who we’ve partnered with to offer a $500 gift card to one lucky winner. Details to enter are at the end of this post.

When we set out to buy a house, we could never have predicted that we’d end up buying a spec home! Spec homes can get a bad rep for things like low-quality materials and lack of design. But if you find a quality builder, you can get the spec home of your dreams! Ours felt like the best of both worlds – a beautiful home with quality materials (helloooo, quartz countertops) AND it was move-in ready without all the decisions that go into building a new home.

Are you considering purchasing a spec home, too? Here are some things to consider before you take the plunge.

  • Review the builder’s warranty – Not all warranties are created equal. When you’re choosing a builder, review their builder warranty documents to be sure you understand what’s covered and for how long. Most builder warranties last at least a year and cover both materials and workmanship.
  • Review the HOA documents – If you’re considering purchasing a spec home within a new development, be sure to review the association’s CC&Rs (covenants, conditions and restrictions). Make sure you agree with all the rules before committing to purchasing the home.
  • Find a quality builder – By far the most important factor is to find a quality builder that you know you can trust. For us, that’s Elevated Builders. Not only did they have a reputation for good work and quality materials, but they had an eye for design. Many of the choices they made throughout the home were things we would’ve chosen ourselves if we were building from scratch, so it didn’t feel like a spec home to us!

Now, here’s the exciting part!!! Elevated Builders is offering one lucky reader a $500 gift card to put towards their own home project this fall. Check out this Instagram post for all the details on how to enter.

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