Benefits and Issues with Corner Plot or Lot
We know it is tough for you if you are new to real estate trends and the market. Also, you have landed the perfect place where we will help you in providing excellent clarity on the matter ''Why To Buy A Corner Plot.''
People do speak about the precise location of their property; they incline to purchase. That is essential! Everybody of us loves surviving within a great environment.
We all think about the maximum yield on investment which pops in terms of real estate money, increase, and relaxation.
There are some pros and cons of living in a corner plot, and we will go through all of them in a detailed manner in this post.
Moreover, humans are vulnerable to obtain psychological equilibrium because they grow in everyday life. This is achieved if a possible client puts his money into a corner storyline!
Let us lookup for the enormous benefits of purchasing a corner plot, however they are always expensive.
Also Read Should you Buy or Rent a House
BENEFITS / ADVANTAGES OF PURCHASING A CORNER PLOT
Let's start with the
positive side of purchasing the corner plot and focus on all the parameters
about why investing in a corner plot is a wise decision. Commercial corner
plots are simply a gold sparrow for its more picky investors, using direct and
effortless access from throughout.
- MORE
YARD SPACE
The cost of the corner
plots is usually a little higher as compared to the regular properties. The
corner plots typically come with two lawns. This way you can quickly start and
have your garden, you can have a great play area for your kids as well.
Residential corner plots love additional value concerning huge yards from
either side. Primarily it keeps your aesthetic worth. Second, it raises the
attractiveness of one's residence.
- EXTRA
PARKING SPACE
There are reasons why
corner plots are highly popular among homebuyers as compared to regular
properties. And hence, this is one of the most crucial reasons that contribute
to it. Lack of parking space has become one of the most common problems in big
and as well as small cities. The corner plots possess bigger and spacious
parking spaces, usually from two or three sides. It's an exceedingly
appreciable item from the commercial perspective.
- MORE
SUNLIGHT AND EXCELLENT VENTILATION
These days with increasing
modesty people are switching to more open houses with the increased flow of
natural air. As any other homes or buildings do not surround the corner plot
properties, they get the maximum sunlight without any hindrance. These factors
of proper ventilation and more sunlight play a crucial role to lead a healthier
lifestyle.
- WISE
CHOICE IF YOU ARE A PET LOVER
Well, if you are a pet
lover, it might be not easy t o own and take care of your lovely pets in a
limited area. But not anymore. Usually, these corner plots are somewhat larger
than many others, and therefore the dog owner will get to reap the benefits of
the additional space.
- A
CLEAR OBSTACLE FREE VIEW OF THE STREET
You might have noticed that
corner plots provide you with obstacle-free and a clear view of the street.
Either from your balcony or your terrace. The view from such plots is never
going to disappoint you in any case. Hence, a wise decision to invest in
purchasing corner plots.
- BETTER
ARCHITECTURE DESIGN
No doubt, corner plots
provide you with great freedom to design and to be experimental with the layout
of your house. These houses or fields aren't covered with any other home or
property, which provides you ample room to get highly creative with your
designs. You can create a very aesthetically appealing house using these corner
plots, and your home may look the best out of all in your street.
- PERFECT
CHOICE FOR BUSINESS STARTUPS/OFFICES
Corner plots are deemed
perfect for business assumptions. The company centers with good offices indoors
that are relatively simple to be leased out. For that reason, buying your
premises at a large part firm plaza provides you permanent income in the shape
of rents that typically keeps on crediting into the accounts of one's
subsequent generations. Consider about their serenity of mind you acquire in
this manner!
- BETTER
SPACE UTILIZATION
Families in home corner
houses may use the extra property of this plot in an assortment of manners kids
play area, kitchen gardening, extra parking space, a backyard gymnasium, or
perhaps a spot for enjoying high tea using their nearest and dearest. These
things influence the resale price of their corner houses.
GREAT ADVICE FROM REAL ESTATE EXPERTS
According to the study and
the accurate analysis made by the real estate experts, they reveal that people
who are highly interested in investing in the corner plots should consider north
open or south open plots because of the direction of the sun.
Now, Let's have a look at
some cons associated with the purchasing of corner plots!
CONS / DISADVANTAGES OF PURCHASING A CORNER PLOT
Mentioned below are some
cons associated with the purchasing of corner plots.
- HIGH MAINTENACE- As mentioned, corner plots come with extra space and gardens, and hence, they require additional maintenance too.
- NOISE
POLLUTION- As compared t the
traditional houses, people living in corner plots tend to face more
noises. Especially if you have purchased a corner plot near any busy
intersections or market area.
- PRONE
TO ROBBERIES-
Well, if you own a corner plot, it can drastically reduce your privacy,
and depending upon the location and the visibility of the house it can be
badly affected by robbery too.
- EXCESSIVE LIGHTING- People living in corner plots get to face many lights as the streets are nearby, and light poles are very close to their houses. The presence of excessive lighting makes the people living in corner plots a little uncomfortable.
Independent House or Flat what's better ? |
TAKEAWAY
Considering that the corner
plots arena isn't readily obtainable, their requirement gets higher and thus
the purchase price. Thus, the resale worth of corner aquariums goes upward as
fast as the timing does. The full-time organic danger, ground quake, does not
occur in corner plots. Corner plots tend to be somewhat safer compared to
people on narrow roads.
It could feel a little funny, however, also
the houses at corner plots obtain their supermarket and pizza orders delivered
quickly whilst the newly hired riders could locate you quite readily. It'sIt's
funny but plausible too! Now, you can easily choose according to your
requirement and investment plans, which should be your go-to option!
Update 10-12-2023
1. Always try to buy a corner plot which has extra paver blocks between road and plot.
2. While constructing the house or apartment on this plot always try to have 2 sided entries in house.
3. Always fix steel bar grills on windows.
4. Never construct out of your plot Boundary.
5. Always follow Township planning rules to avoid any legal problems.
6. Even if you are constructing 2 stories, reinforce the building columns and steel bars so as they can survive 2 more floors in future. Obviously you are going to earn more with this corner plot and of course you shall construct 2 more stories on this plot in future.
Beneficial Vastu Tip:
Properties situated at corners with roads in the North and West directions are considered highly auspicious according to Vastu principles.
All the best
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