Searching for your dream home that perfectly suits your lifestyle and includes modern finishes and floorplans can be difficult. Existing houses may have dated décor or even require a major renovation to achieve the features your family wants or needs. Alternatively, a new construction home offers the ability to customize your new home exactly to your specifications and gives you complete control over the design of your home, but it may not be an option if you need to move into a home quickly.

One option that many homebuyers may not have considered is quick possession homes. If you’re looking to move into a home quickly, a quick possession home may even be quicker than a pre-built home because of closing dates and waiting for the previous own to move out.

Quick possession homes are one way to purchase a home that’s going to allow you to get the newly built home you’re going to love and allow you to move in quickly.

What Are Quick Possession Homes?

Quick possession homes, sometimes referred to as spec or immediate possession homes, are built based on a model home in new home communities throughout Calgary and the surrounding area. These homes are a popular choice for people wanting a new home but need to move into a home quickly.

New home builders, like Broadview Homes, will start building a home and then offer them for sale when they are either almost built or completely done and ready for you to move in.

Walking through a spec home, you will be able to see exactly how your new home will look. You can see the room sizes and how the floorplan works for your family without trying to visualize the end product. Depending on the stage of construction, homebuyers may even be able to choose their final finishes if the home is not already complete.

And because no one else has lived in the home before, you don’t have to wait a long time for the current owner to find a new home and relocate. Buying a quick possession home allows you to have all the advantages of a newly built home within a few months or less.

Why Not Purchase an Existing House?

The typical home search begins with a person looking through the Calgary MLS listings for homes for sale. Depending on the type of house and a homebuyer “wish list” it can take months, if not a year or more, for them to find homes they’re interested in. And once they find a home that has everything they want and is within their budget, they’re going to have to go through the home buying process to purchase it. If everything goes smoothly, it still can take months for the sale to be complete especially if it involves waiting for the prior owners to move out of the house. This makes the entire sales process extremely long and means you will have to wait quite a while to be able to move into your home, even if you find the one you love quickly.

The other downside to older homes is the amount of work that will be needed. Older homes often require renovations and these changes will impact the actual price of your home. Even if the home does not require any work and passes the inspection, it won’t be long before something needs to be repaired. Older plumbing, electrical work, and roofs all wear down over time and will need to be replaced. When you purchase an older home, you’ll need to be prepared for these issues even if the home is currently in great shape.

Advantages of Quick Possession Homes

Spec homes are brand new homes. This means they are built with the latest technology and products and adhere to the most up-to-date building codes.

New homes also have the advantage of including a new home warranty. This means that you’re not going to have any hidden issues like a leaking roof or bad plumbing like an older home may have.

If you’re ready to buy a home now and you don’t want to deal with any problems once you purchase the home, then a quick possession sale might be the right option for you. You can look at a variety of homes that are currently available to see which one best suits your family. When you do find one you like, you won’t have to wait long for the sale to go through or for you to take possession of the home. Even if it’s still under construction when you look at the home, the construction will be completed in just a few months.

By buying a quick possession home, you get all the advantages of a newly built home without waiting for it to be built from the ground up. View Broadview’s selection of quick possession homes available in Calgary and area here.