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Old 10-11-2016, 03:15 PM   #81
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Just my opinion.... but here is a McMansion that is around here....


17003 Lapeer Ct, Spring, TX 77379 - HAR.com



Here is one that is a bit cheaper, and I know it is not constructed well...


18018 Pleasantwood Dr, Spring, TX 77379 - HAR.com
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Old 10-11-2016, 03:25 PM   #82
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the one on lapeer is definitely a mcmansion. horrible commute too. I played raveneaux a few times and that was a long drive from my house in the 77018
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Old 10-11-2016, 03:33 PM   #83
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That second one would be a steal in Chicagoland for that price.
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Old 10-11-2016, 03:38 PM   #84
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Big, boxy, cookie-cutter monstrosity...
.............. about 25 feet away from the one next to it.
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Old 10-11-2016, 03:48 PM   #85
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That second one would be a steal in Chicagoland for that price.
no mass transit = 1.5 hour one-way commute at least

it does look like a really good deal though - dig that pool
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Old 10-11-2016, 05:06 PM   #86
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When I was a child, I knew the names of many of the folks who lived in the "mansions" in our area. Folks like bank presidents, Univ. presidents, major real-estate developers, construction company owners, etc. Still, it all made sense. These few rich people had mansions. It's what you would expect. But now, as I travel the US, I see rows of McMansions and wonder how is it we have so many rich folks who can afford such huge homes. I just can not fathom that there are that many folks richer than I am (no envy involved here - just surprise at the numbers.) YMMV
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Old 10-11-2016, 05:17 PM   #87
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Where I live, the definition of a McMansion has been the same for several decades: a large new house built on a lot that is just barely big enough for it (no yard). In other words, when you spill your coffee, your neighbor gets it in his lap.

Not something I would ever consider buying.
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Old 10-11-2016, 05:18 PM   #88
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is a 5250 sq ft house a mcmansion?
On a small lot it's ostentatious, on a large lot probably not. McMansion = big house on small lot.
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Old 10-11-2016, 05:19 PM   #89
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On a small lot it's ostentatious, on a large lot probably not. McMansion = big house on small lot.
it's on an acre, with a city view
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Old 10-11-2016, 06:08 PM   #90
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Just my opinion.... but here is a McMansion that is around here....
Those are crazy- and the one on Lapeer has 6 full baths and 2 half baths. Ugh. WAY too much to clean. When we were in our last house, DH was in charge of cleaning till I retired and he didn't do a very good job of it. Even after I retired, it was too much: 3 BRs plus two that were home offices, 3 full baths, 2 half baths, 3 levels. I'd rather spend money on travel than professionals to mow the lawn or clean the house. Fortunately I can maintain our current house and still have a life. I'd never buy a house that pretty much required hiring professionals to maintain the house or the yard.
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Old 10-11-2016, 07:05 PM   #91
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The taxes on those places seem high - is that 2.7% per year?
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Old 10-11-2016, 07:45 PM   #92
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The taxes on those places seem high - is that 2.7% per year?
Property taxes in Texas are high but there are no state income taxes, they get into your pockets one way or the other.
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Old 10-11-2016, 08:31 PM   #93
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Property taxes in Texas are high but there are no state income taxes, they get into your pockets one way or the other.
No kidding. What's the point of no income tax if they ding you for 25,000 a year in property taxes. Is there property tax relief once one retires or over a certain age? Otherwise you'd wind up paying more in property taxes than you ever would have in income tax.
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Old 10-11-2016, 08:42 PM   #94
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No kidding. What's the point of no income tax if they ding you for 25,000 a year in property taxes. Is there property tax relief once one retires or over a certain age? Otherwise you'd wind up paying more in property taxes than you ever would have in income tax.
Once you turn 65 your property taxes are frozen (school and depending on city and county city and county property taxes). Note that depending on where you own you may or may not pay city taxes anyway (outside of city boundries, all be it you then have to pay for trash pickup). Typical property tax runs in the 2% of property tax value range, which implies a 1.25 million dollar house which in Tx would be quite a house. (not in River Oaks or the Dallas equivalent but...). So in particular if retired where you can choose where you live you can control the property taxes.
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Old 10-11-2016, 09:13 PM   #95
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Just my opinion.... but here is a McMansion that is around here....


17003 Lapeer Ct, Spring, TX 77379 - HAR.com



Here is one that is a bit cheaper, and I know it is not constructed well...


18018 Pleasantwood Dr, Spring, TX 77379 - HAR.com
I actually liked the second home more . The first home looked way too formal. In my neighborhood $430,000 would be an older small house on a canal that had been cheaply updated.
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Old 10-11-2016, 09:33 PM   #96
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2500 sq. feet for the five of us, I can't imagine cleaning anything larger. $650k now in north San Diego county. I wanted to go bigger but DW talked me out of it, for which I'm very glad. Three car garage helps a lot! I just can't imagine the air conditioning bill of those McMansions in Texas! We don't have to use much air here. Do you big house/McMansion types have maids??
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Old 10-11-2016, 10:06 PM   #97
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When I was a child, I knew the names of many of the folks who lived in the "mansions" in our area. Folks like bank presidents, Univ. presidents, major real-estate developers, construction company owners, etc. Still, it all made sense. These few rich people had mansions. It's what you would expect. But now, as I travel the US, I see rows of McMansions and wonder how is it we have so many rich folks who can afford such huge homes. I just can not fathom that there are that many folks richer than I am (no envy involved here - just surprise at the numbers.) YMMV
And to think they can still afford to live in those mansions while paying 90% of U.S. Income Taxes. It's kind'a mind boggling.
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Old 10-11-2016, 10:14 PM   #98
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2500 sq. feet for the five of us, I can't imagine cleaning anything larger. $650k now in north San Diego county. I wanted to go bigger but DW talked me out of it, for which I'm very glad. Three car garage helps a lot! I just can't imagine the air conditioning bill of those McMansions in Texas! We don't have to use much air here. Do you big house/McMansion types have maids??
Reality in one part of the country is different than that in other regions.

My house is 5200 square feet with two double car garages. My utilities have been running $400 in the hottest months of this somewhat hot Summer. And it's because I only run one a/c system--and leave the downstairs unit off.

The utilities are not the problem in Texas--it's the property taxes. When my best friend in North Dallas had property taxes go to $50K per year, he sold the house and moved into a luxury rental apartment. His house in Seaside, Florida has property taxes over $10K though.

Just be glad you live in the city with the best overall weather in the continental U.S. It's a shame that real estate in many California cities have demand based prices vs. a cost of construction basis'.
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Old 10-12-2016, 12:21 AM   #99
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When I was a child, I knew the names of many of the folks who lived in the "mansions" in our area. Folks like bank presidents, Univ. presidents, major real-estate developers, construction company owners, etc. Still, it all made sense. These few rich people had mansions. It's what you would expect. But now, as I travel the US, I see rows of McMansions and wonder how is it we have so many rich folks who can afford such huge homes. I just can not fathom that there are that many folks richer than I am (no envy involved here - just surprise at the numbers.) YMMV
If you are talking about the top 5% as "rich", then it's likely just a numbers game. When you were a kid, there were - what - half as many people? By extension, that's half as many "rich" people. And, by extension, half as many "rich people homes". Add in a good number more foreign buyers these days compared to when you were young, and more wealthy people owning more homes, and the number of homes of "rich people" is even more (in proportion to when you were a kid). Also, your universe as a child didn't include the various areas that you travel now. How much did you get around as a kid versus where you get around now? And...the "rich areas" even in your area as a kid were probably far fewer in number than now. Back when you were a kid, the rich wanted to congregate in a certain area. Now, there are probably more areas in your city that the wealthy want to live in. Now that it's spread out, it may seem larger than it actually is (when taking into account population growth, foreign buyers, etc.)
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Old 10-12-2016, 08:42 AM   #100
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No kidding. What's the point of no income tax if they ding you for 25,000 a year in property taxes. Is there property tax relief once one retires or over a certain age? Otherwise you'd wind up paying more in property taxes than you ever would have in income tax.
Good point. Property taxes are especially a concern for those with second homes. That's one reason why Paradise Valley and Arizona in general are good snow bird destinations. My property tax there is less than .5% of market value.
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