Spec home building

[L R Wadsworth]

There isn’t much mention of spec home building on here. It seems that builders are building and selling specs everywhere and doing well at it. Most of this type building is being done by large or well established builders that only build on property that is developed by themselves. Very few homes outside of the new neighborhoods or scatter site spec homes are available for those that don’t want a neighborhood setting. Is spec home building on a small scale too much of a risk as a supplemental income for someone (if they’re qualified for the task) that wants to dabble in a construction building business?