real estate

What is a McMansion?

 

What is a McMansion?

The Bankrate.com financial term of the day is: "McMansion"

"McMansion" is a disparaging term used to describe homes that are oversized and opulent, but also without a whole lot of uniqueness. McMansions are loosely defined as houses between 5,000 and 10,000 square feet with soaring, grandiose entryways and multicar garages, often shoehorned onto relatively small lots.

McMansions are giant homes that have sprouted up in the suburbs the way fast-food restaurants have -- hence the name.

To shop for the perfect home loan, visit the Mortgages section at Bankrate.com.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CAR & MONEY NEWSLETTER

Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.

advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Diesel car sales grow

While gas prices have dropped dramatically, the sales of diesel cars has continued to grow, rising 13.5 percent in 2014 over 2013, according to the latest data compiled by IHS Automotive for the Diesel Technology Forum.  ... Read more


Connect with us