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Why You Should Always Overbid for the Corner Lot

Why You Should Always Overbid for the Corner Lot

Not All Lots are Equal. In a subdivision, 90% of lots are “Regular” (neighbors on both sides, one frontage). 10% are Corner Lots. In a bank auction, the base price difference is often small. The Value Difference is massive. The “Light & Air” Factor The Resale Velocity When you sell in 10 years, the Corner […]

Not All Lots are Equal.

In a subdivision, 90% of lots are “Regular” (neighbors on both sides, one frontage). 10% are Corner Lots. In a bank auction, the base price difference is often small. The Value Difference is massive.

The “Light & Air” Factor

  • Ventilation: Windows on two sides instead of one.
  • Privacy: Only one direct neighbor.
  • Design: You can build a grander facade with dual frontage.

The Resale Velocity

When you sell in 10 years, the Corner Lot sells first. Always. If you see a Corner Lot in the catalog, add 10-15% to your max bid. It is worth it.

Two Fronts, Double Value

Don’t be cheap on the location. You can change the house; you can’t change the lot type.