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Production home building does exist (in the US): * https://www.newhomesource.com/learn/custom-or-production-builder-right-for-you/ https://www.newhomesource.co
by throw0101c 2y ago
Production home building does exist (in the US):
* https://www.newhomesource.com/learn/custom-or-production-builder-right-for-you/ https://www.newhomesource.com/learn/custom-or-production-bui...
* https://www.foxridgehomesbc.com/news-feed/the-differences-between-a-production-home-builder-independent-builder-and-custom-builder/ https://www.foxridgehomesbc.com/news-feed/the-differences-be...
* https://www.nahb.org/other/consumer-resources/types-of-home-construction/production-homes https://www.nahb.org/other/consumer-resources/types-of-home-...
This is in contrast to a "spec" (speculation) home where a smaller builder buys land themselves and builds a (single?) house and then sells it after (no buyer is lined up before hand).
Someone could also go with a "custom" home, where the eventual resident themselves have some land and hire someone (general contract (GC)) to build it (or they act a GC themselves and hire all the subs (sub-contractors) themselves).
A "production builder" is probably the closest thing to 'factory line' assembly/construction. Generally this is what is happening when a sub-division is built up; usually a certain percentage of the units have a signed purchased agreement and a deposit.
- bluGill 2y ago> Generally this is what is happening when a sub-division is built up; usually a certain percentage of the units have a signed purchased agreement and a deposit. 95% (every developer is different, but this is a good number for discussion) of the lots are sold by the developer to a builder. They will have a dozen builders and know what each wants and so 95% of the lots they know who will buy the lot before they can legally talk to the builder who will buy it (if the builder is on vacation that week they will wait for them to come back). The last 5% is for the few people who think they want a custom house with their own builder. The builders will sell the majority of houses on their lots as one of their designs (often all, but they will custom build on their lot if you ask - it costs only a little more), most houses are sold before they are completed, but often they are started before they have a purchase agreement.