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A starter castle is a tongue-in-cheek term used to describe a very big house constructed on a very small lot.
The house on the land might be built all the way to the edge of the land, leaving no space for a yard or garden.
The implication of a property that is described as a starter castle is that the owners will be spending all their money on the mortgage and have nothing left for furnishing and fixtures.
It is therefore sometimes perceived as a derogatory expression.
Such properties are also sometimes jokingly referred to as McMansion with reference to Mcdonald’s for the big value meals they serve on the menu.