How does a tract house differ from a house custom built?

Compared to custom homes, tract homes use more factory-made components and not components built on-site. Tract-house builders offer standard amenities in the properties, which are built into the price. However, homeowners wishing to upgrade can add to the price of the houses.

What is the difference between a tract home and a spec home?

Tract homebuilders buy large tracts of land and build subdivisions that generally offer a choice of three floorplans. Spec homebuilders derive their name from the fact that their projects are speculative in nature, meaning they buy land without a buyer speculating that they can later sell the home they build on it.

How tract homes are built?

A builder begins planning for a tract housing development by buying a large tract or parcel of land. They then subdivide the land into smaller parcels for homes based on their blueprints. Builders of tract homes also save on labor costs because each home is built nearly the same.

What is a tract in construction?

Tract housing is a type of housing development in which multiple similar houses are built on a tract (area) of land that is subdivided into smaller lots.

What is the meaning of tract homes?

countable noun. A tract house or a tract home is a house that is mass produced by a builder in an area with other houses that have similar floor plans and styles. [US] …a small development of tract houses.

What is meant by tract house?

English Language Learners Definition of tract house : a house that is one of many similar houses built on an area of land.

Who invented tract housing?

At its outset, PulteGroup seized on a popular trend: suburban tract housing, informally known as the cookie-cutter neighborhood. The undisputed pioneer of this type of housing was Abraham Levitt, whose company, Levitt & Sons, developed a 1,000-acre plot of land on Long Island in 1947.

What is a large tract home?

LTH are production-built homes that are large in size similar to High Value Homes but have features and finishes similar to Main Street Homes. It’s because of sheer size and design that a LTH can often be mistaken as a High Value Home.