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.
How does a tract house differ from a custom house?
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.
Why are they called tract homes?
The name is because homes were built on tracts (or big lots) of land that the developer would purchase. The concept came about in the post-war housing boom, when lots of people wanted housing and factories could mass produce identical parts to build housing very cost-effectively.
Are tract homes well built?
Tract homes provide a good solution to the right homebuyers. They offer a low entry price to homeownership and let you move into more desirable areas for less. They have a consistent level of quality, can be built quickly, and are readily available. On the other hand, they suffer from some basic problems.7 Dec 2020
How are tract homes built?
Tract homebuilders buy large tracts of land and build subdivisions that generally offer a choice of three floorplans. They often purchase a small parcel of land, build one or two homes on it and then put the properties up for sale.
The average amount of time to build a new construction house is about 7.7 months, according to data from the U.S. Census Bureau's 2018 Survey of Construction. That includes about one month for building authorization and permits, followed by 6.7 months of actual construction, ending with the final walk through.8 Jun 2020