A tract home is a single-family residence that is built as part of a larger development, typically with many similar homes built in the same area. Tract homes are usually built by a single builder and are often part of a planned community. They are typically more affordable than custom-built homes and offer less variety in design and features. They are a popular option for first-time homebuyers and those looking for a more affordable home in a specific area.

Real Estate Glossary | What is Tract Home??

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