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Are Yesterday's McMansions Today's Opportunities?

By
Real Estate Agent with Joe Manausa Real Estate 8508880888

If you have a large family and require a home with a lot of rooms, you are in luck!

A combination of low interest rates and a frenzy of McMansion construction over the past 15 years has completely changed the landscape for large houses in our area.

Currently, there are fifty homes for sale in Tallahassee with five or more bedrooms that are all priced below $500,000 (and even one priced BELOW $100,000), and we have assembled them all in one place for you.

five-bedroom-homes-for-sale-under-500k

See all 50 by CLICKING RIGHT HERE.

We love showing homes as much as buyers like seeing them, so don't hesitate to call or reply if you would like a private showing of one of these awesome homes.

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

Comments (8)

Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Multi-generational housing and its life-style has many advantages. Buyers should take advantage of the list you have assembled and your expertise, Joe.

Jun 01, 2016 10:43 PM
Joe Manausa - Tallahassee, FL

You are right Steffy Hristova ... definite advantages to mg housing

Jun 01, 2016 10:50 PM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Joe Manausa This is  a noteworthy report, since many buyers only consider the acquisition price and not the day-to-day overhead. These large homes do cost much more to maintain and to keep liveable.

Jun 01, 2016 10:46 PM
Joe Manausa - Tallahassee, FL

but does one 5 br home cost more to maintain than a 3 br and a 2 br home combined? Multi-generational families are finding economies of scale in a single homestead

Jun 01, 2016 10:51 PM
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Joe, I have worked with many multi-generational families who enjoy living in a combined household for many reasons. In addition the cost savings can be substantial. 

Jun 02, 2016 12:03 AM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thanks for sharing that Joyce Marsh, Luxury Collection ... and we all like to save money

Jun 02, 2016 12:04 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Joe Manausa Are you kidding me? A 5 bedroom house for less than 100 grand? I would think that the lot would be worth that much.

Bill Roberts

Jun 02, 2016 01:08 AM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

You're right Bill Roberts ... our market is not yet that far recovered though

Jun 02, 2016 04:57 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Joe- some people need and want that space!  We have a successful high-end builder here who is experimenting with mini-McMansions- under 4000 square feet but with all of the extras and the same high price point. 

Jun 02, 2016 01:33 PM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for stopping by and leaving a comment, Kathy!

Mar 17, 2021 08:33 AM