I am new in the real estate market, and I was planning to buy a property. I really liked a corner facing house but was not sure are corner plot houses worth more. However, while researching real estate trends I found that corner houses are often worth more.
The unique positioning can make them more desirable, leading to a higher market value compared to other houses in the neighbourhood.
Are Corner Houses Worth More?
I discovered that corner houses are of more worth because of the following reasons,
Greater Space: Compared to other homes in the neighbourhood, corner houses usually have a larger lot size. This additional space can be put to better use for parking, gardening, or future additions.
Improved Ventilation and Natural Light: Corner homes receive more natural light and better ventilation due to their increased exposure on several sides, which contributes to a more comfortable living space.
Increased privacy: Corner homes frequently offer greater privacy because they have lesser immediate neighbours. This might play a big role for purchasers who want a more private and tranquil living area.
Investment Potential: Corner houses may appreciate more over time and have a higher resale value than other types of homes because of their attractiveness.
However, I also realised that the only con with corner houses is higher maintenance costs. The larger land area and additional exposure might lead to higher maintenance costs.
I hope this helps you with your query, “Are corner houses more valuable?”
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Authors Of The Question
Are Corner Plot Houses Worth More?
Sunny
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4 months
2024-06-26T16:33:40+00:00 2024-10-04T12:20:49+00:00Comment
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