Why are Corner Plots more valuable?
Are you a real estate enthusiast who has the knack for knowing all of the essential real estate facts which might come in handy every time you want to make an investment? Or are you searching for a new home for yourself and the question that why are corner plots more expensive than the rest intrigues you? Or Are you someone who is paying a heftier amount to purchase a corner house or a plot but you do not completely comprehend that why is your current investment deemed more valuable by the real estate market?
Do not worry then! You have come to the right place to find the answers to all of your questions.
It is an evident fact that location has to be one of the most prime factors to be considered while investing in real estate. Does not matter if your plan is to buy a house or hire a team of contractors to build one for you. The location of your investment is what determines the value and price of your investment to a massive extent. It is mostly assumed that when we talk about the location of your house, the only component that comes under the criteria of good location how well developed the area is. There are many other aspects that one must not oversee such as
- Is it at a manageable commuting distance to your workplace?
- Is it at a manageable commuting distance to your children's school?
- Does it have a good grocery store, hospital, and a police station nearby?
- Is the location safe?
- Is the location closer to other main cities of the area etc?
- to your workplace and your children’s school.
- Is it situated in a 'homey neighborhood"?
- Is the plot at a feasible location to give you maximum feasibility in your living standards?
Everywhere across the globe, real estate plots that are park-facing and situated in the corner of the street or neighborhood are priced higher than the rest of the plots as they give you better living amenities. While the speculation behind the corner plots being a high demand in the real estate market is quite obvious, there are many people who still question its worth and skepticism regarding why the demand in money for a corner plot is so high as compared to the rest of the plots.
Below given reasons shall help you out in understanding that why is it so?
BENEFITS OF BUYING CORNER PLOT/ HOUSE
Here is a compiled list of some of the pros of investing in corner plots. As we all know that corner plots are situated at the intersection of 2 streets so, below is the list of advantages you achieve when you buy a house situated on a corner plot.
- offers extra yard space
- Enhanced Lighting
- Better Ventilation
- Augmented parking
- Elaborated options to experiment with the design of your house
- Clearer and better view of the street.
Let's shed light on the above points in detail now.
- Offers Extra Yard Space
Since corner plots or homes build on corner plots are more spacious, so automatically you get some extra space to build yourself a beautiful serene lawn. If your house is big enough to already accommodate a lawn then you can use this space for other purposes. I mean who wouldn't want some extra space to use to further facilitate their lives? You could build your own little kitchen garden there and grow organic vegetables, or a small play area for kids where you could place swings. Another extra sitting area to enjoy the good weather with evening tea and snacks also sounds like a tempting idea for the grownups.
2.Enhanced Lighting
A house that gives you more exposure to natural filtered sunlight enables you to have a healthy lifestyle. Natural light is responsible for regulating Vitamin D in our bodies as well as keeping other natural minerals intact. It is good for our skin, hair and mental health as well as per various researches.
3.Better Ventilation
Enhanced natural airflow is naturally healthier for any person. A house situated at the corner plot naturally allows better ventilation. These healthy aspects of living have a great impact on one's mental health too.
4.Parking Space
As mentioned above, since a corner plot provides more space owing to the fact that it exists at the intersection of two streets so automatically it provides extra parking space as well.
5.Elaborated options to experiment with the design of your house
Corner plots being larger, more spacious, and situated at a position that does not mix with the space of any other house gives you an elaborate chance of being creative and experimental with the design of your house. You can add bigger balconies, bigger and stylish gates etc.
6.Clearer and better view of the street.
A corner house allows its owners to enjoy a complete view of the street while in the case of other houses the view generally gets blocked or disturbed by their own lawns, yards porch or garage.
Many of our readers must be wondering now that, if we really have to invest in corner plots now then where do we find a real estate scheme that gives us diverse options to choose from. Do not worry about this either. We have everything already sorted for you.
Below real estate plans shall give you a whole range of options to choose from including corner plots as well.
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