New Homes: Comeback for McMansions?
Just when you thought you'd never see an ugly McMansion again -- thanks to the recession and subsequent downsizing by frugal new-home buyers -- some brave souls are predicting that these oversize homes might soon make a comeback.
A recent story in the Orlando Sentinel suggests that McMansions are reappearing in parts of Florida after almost becoming an extinct species. Consider an "affordable" 5,100-square-footer with eight bedrooms or a 3,000-square-foot new home with four bedrooms and a three-car garage, all for around $300,000.
Are trophy homes really becoming hot again?