Land Will Cost You In Coral Gables
If you want a home that sits on a large lot in Coral Gables it is going to cost you. Homes priced under $1,000,000 typically range from 5,000 to 13,000 square feet of land (excluding 2112 Country Club Prado which offers 18,000 sq. ft. of land). Between $1,000,000 and $2,000,000 the lot sizes get significantly larger and can go all the way up to 40,000 square feet. Beyond $2,000,000 you are looking at lot sizes anywhere from 10,000 square feet up to 3 acres.
Buying a home is always a give and take. Suppose you are looking for a home between $700,000 to $800,000 in the Gables. You will find many properties that are completely updated but likely sit on smaller lots. If you compromise on the condition of the property, then you get into the homes that offer more land. In the end you will have to decide what better suits your needs.
If you are interested in buying, selling, building or renting and are looking for a realtor who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.