K.M. Minemier & Associates is a certified Woman Owned Small Business (WOSB) engaged in full service real estate asset management and marketing.

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UNDERGROUND??

April 26, 2022

So what is ICEBERG CONSTRUCTION?

The cost of building new homes has skyrocketed due to supply chain issues, interest rates, low supply.  Affordable housing is quickly disappearing from many major markets.  The answer:  Go underground!

Iceberg homes are the market's response to the increasing costs of building up, building out or adding additional density.  Owners are literally looking down for additions to their existing homes.  

Below ground has many possibilities: parking, pools, theatre, fitness.  This trend started initially in the ultra-luxury market experts predict this type of construction will become more mainstream.  

The constrictions on above-ground building are affected by zoning, setbacks, height restrictions, lot sizes, ecological issues.  By going underground these issues are avoided. 


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