Would you buy a lot in a neighborhood of cookie cutters?
I've heard of two foreclosed lots in a nearby neighborhood. The other lots and houses there were owned and built on by a couple of builders who advertise as custom, but they are still one of 8-10 plans owned by the builder. I guess the custom part is that the buyer gets to choose upgrades.
The only con I can see is that a truly custom home in such a neighborhood wouldn't appraise as much as it would in a neighborhood of all custom homes.
Anything else to consider?