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Old 11-18-2010, 02:17 PM
 
Location: NW Austin
1,133 posts, read 3,837,123 times
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I like corner lots because many of the homes have the garage on the side instead of the front. Also I like to entertain and it's nice to have plenty of room for guests to park.
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Old 11-18-2010, 03:48 PM
 
1,961 posts, read 5,548,057 times
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we considered a corner lot but preferred being in the arc of a cul-de-sac better. small front yard, very large backyard which allows us to have a pool, play-structure, garden, and grassy area.
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Old 11-18-2010, 05:36 PM
 
648 posts, read 1,763,258 times
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Pro - Usually able to do a side loader garage rather than the much maligned front loader garage.
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Old 11-23-2010, 03:30 PM
 
125 posts, read 265,196 times
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Thanks for the detailed answer! So every corner lot is different, and should be given different consideration based on the other factors.
Quote:
Originally Posted by austin-steve View Post
Corner lots do not in and of themselves infer greater or lesser value to a home. We never have buyers rule in or out a home based on corner lot. The attributes and effects of being situated on a corner lot can be a blessing or a curse depending on other factors though, and many of these factors are no different than things people look at on non-corner lots, such as road noise, view, etc.

For example, a corner culdesac lot buried deep in the back of a residential subdivision might be seen as a positive, but the same house on a same-sized corner lot on a arterial at the front of the neighborhood would in fact experience more traffic and noise and be less desireable, as would the non-corner home next door.

I live on a corner on a low traffic non-through street, so headlights, noise, traffic are of zero concern. I do appreciate being able to sit in the living room and look out the back windows across the back/side of the lot and not see any houses though, because the side road is where houses would normally be if we weren't on a corner. All I see is trees and blue sky. Might as well be living in the country with that view. We also back to a small creek lined with thick, tall trees, so we don't see houses in that direction either.

But I grew up in the front corner bedroom of a corner lot house as a kid, on a busy street, and remember always having headlights shine across my walls at nights and hearing lots of traffic noise. Also, neighborhood kids constantly cut through our front yard walking to and from school (back in the days when every kids wasn't driven in a car), creating a worn trail in the yard. I wouldn't buy a house like that. The house was also ran through by a drunk driver once, and another time someone crashed into the fire hydrant in front.

So far this year in Austin, 1,300 homes have sold that have "Corner Lot" listed in the lot description, and 14K have sold as not corner lot. So, about 9% of homes sold have corner lots. For both categories, the sold price per square foot of all combined sales is exactly the same at $113 per sqft, and the days on market are almost exactly the same also. So I don't think there is any inherent value discount or plus based solely on a house being on a corner, it's really other things that matter more.

Steve
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Old 11-23-2010, 10:29 PM
 
5 posts, read 16,113 times
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I can do this with my corner lot:




My wife and I live on a corner lot inside a neighborhood. I agree with mark311; the biggest pro for us is not having another house beside our home. Traffic isn't an issue. There's "more" room for guests to park their cars, as they don't have to worry about competing with our neighbors. Directions to our home are easier to give, "We're the last house on the right."
Attached Thumbnails
pros and cons of corner lot-img_0902.jpg  
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Old 11-23-2010, 10:37 PM
 
Location: The Ranch
23,328 posts, read 26,263,817 times
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How about headlight shine into your windows everytime a car turns into your street?
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Old 11-23-2010, 11:18 PM
 
Location: Pflugerville
2,211 posts, read 4,297,339 times
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Quote:
Originally Posted by NeilVA View Post
How about headlight shine into your windows everytime a car turns into your street?
I have blinds. They are quite effective at keeping out unwanted light.

Now ghetto blasting stereos? That's another story. And experienced in both corner and non corner lots.
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Old 11-24-2010, 08:55 AM
 
Location: Austin, TX
302 posts, read 607,161 times
Reputation: 164
Not sure if corner lots really are more expensive, and if so, it isn't really just because they're usually bigger lots & larger home models.

I'd worry about yard work, wasted space in front yard, and privacy if you have neighbors facing you from side, and from people just driving by looking in.

I'm guessing most corner lot houses always have the blinds down for the side that faces the street.

You'll never have the same amount of privacy as those folks who live sandwiched between two other houses. Your back yard will be 100% visible to the row of houses that face you from the side. Specially if they are all two story homes. And HOAs will likely limit (by a lot) what you can do to increase privacy.
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Old 11-24-2010, 12:32 PM
 
4 posts, read 5,666 times
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Default Security

One item that I am surprised noone has mentioned is security. I have noticed that in our neighborhood a higher proportion of corner-lot structures get broken into for whatever reason. Often times it is people breaking into the side-entry garages.
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