New Construction in West Texas
New construction in West Texas is BOOMING right now. We have more single family resident permit pulls than any other city in West Texas currently, and with good reason! We have had such a HUGE influx of out of state buyers transition to our area, and with the market where it is, there simply is not enough inventory of homes to purchase to keep up with all the families coming. New construction has become a great option for many buyers, and Lubbock has so many builders right now, it can frankly be too much to process. So lets break it down.
The first thing to know is a little bit of terminology. What exactly is the difference in a SPEC home and a custom build? If I find a home that isn’t complete yet can I customize it? What areas are growing the most right now? Where should I build? Who is a good reputable builder?
These are all GREAT questions, and ones we get almost daily. First of all, lets talk growing areas. In 2021 Frenship ISD was growing the most, or at least had the most single family residence permits pulled for new construction, followed by Cooper, and then LISD. However, before 2021 Cooper had the most.
A SPEC home is a home built by a builder, and is not being customized for a particular buyer. It gives other buyers or clients looking to build an opportunity to see the builders style & work while deciding which builders to use. In the past it was not uncommon for builders to allow a buyer to come in a customize what wasn’t finished or to make some changes, however with our current economy, it just is not an option. Many materials are back ordered and to order new or different materials could put a 2-3 month halt on construction and most builders are unwilling to make those changes right now. However, if you build a custom home, you can choose EVERYTHING (more than you want, I promise ;)).
Building a home can be a long process but one many find so enjoyable and worth the wait. Should this be a direction you and your family would like to go we would be more than happy to introduce you to some of our favorite builders. Please feel free to reach out to our office any time with any questions you may have, we know this whole process and finding your own spot in Lubbock can be overwhelming!
https://youtu.be/8AkzkhC_SkU