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What is a Corner Plot Premium?

A corner plot premium is additional value or price paid for corner lot properties compared to interior lots, reflecting benefits including increased visibility, dual-street access, more natural light, better ventilation, larger buildable area, and reduced neighbor proximity despite higher cost and potential noise.

Comprehensive Definition and Benefits

  • Additional value paid
  • Increased visibility
  • Dual-street access
  • Natural light ventilation

Trade-Offs

  • Larger buildable area
  • Reduced neighbors
  • Higher cost
  • Potential noise

Corner plot premiums are additional prices for corner lots reflecting visibility, dual access, light, ventilation, larger area, reduced neighbors despite cost noise.

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