I saw the article, South Miami Neighbors Oppose ‘McMansions’, in the Miami Herald over the weekend, and as I predicted in my June 25th “The Return of McMansions” blog, the McMansion wars have begun. Miami has seen a very healthy increase in property values in the last year and in some areas, like South Miami, the values have exceeded the 14% appreciation noted in the Miami Herald last week.
In ‘happier times’ like these developers and home owners re-enter the market, and they’re building bigger homes for ‘Modern Family’ Miami style: lots of kids, a nanny (or two), in-laws, and returning adult children. Change isn’t always easy (or welcome) but it is part of the evolution process in real estate. I hope the developer and neighboring residents that are opposing the development find an amicable resolution – it sounds like efforts are being made on both sides. Carlos Tosca, the developer, builds very nice, affordable homes. I have seen many of them!
I have sold over 100 properties in South Miami and some of them were not-so-welcome, newly constructed homes (I dislike the word “McMansion”). When the dust settled, the landscaping matured, and the houses became ‘homes’ to wonderful families, they were enjoyed by all.
To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!