In the world of real estate, not all plots of land or properties are created equal. One type of property that stands out for its uniqueness and investment potential is the corner piece.
A corner piece is a plot or property situated at the intersection of two roads, offering a range of advantages that make it a highly sought-after choice for investors and developers alike.
7 Benefits of Buying a Corner Piece Property
Purchasing a corner-piece property can be a strategic move for both homeowners and investors. These uniquely positioned properties, located at the intersection of two streets, offer distinct advantages that can enhance lifestyle, aesthetics, and financial returns.
We have a corner piece of land and a corner piece house. It is always in demand. Most developers include corner piece plot size or house type on the FAQ of the property.
However, buying corner-price land always attracts additional charges. To some, it is 800k while to some it is in millions. When next you are buying property and you want a corner piece, make sure you communicate it with your realtor or the developer.
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Here are seven key benefits of investing in a corner piece property:
- Greater Land Area and Space:
Corner properties generally have more land compared to non-corner lots, allowing for extra outdoor space or larger home designs. This extra space is ideal for adding gardens, driveways, or even additional structures, offering flexibility and increased potential for personalization.
- Enhanced Curb Appeal:
A corner piece property often offers an aesthetic advantage due to its openness on two sides, allowing for a better view of the building’s architecture. This enhanced visibility can make the property more attractive and inviting, improving curb appeal, which can be an advantage for resale value.
- Increased Privacy:
With only one adjacent neighbor, corner properties provide greater privacy. The positioning can reduce noise from nearby homes and allow for the strategic placement of windows and outdoor areas to maximize solitude and relaxation, making it ideal for those who value privacy.
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- More Natural Light and Ventilation:
Corner lots enjoy unobstructed exposure to sunlight and fresh air on two sides, improving natural lighting and ventilation inside the home. This not only creates a more pleasant living environment but also promotes energy efficiency by reducing the need for artificial lighting and cooling.
- Higher Resale Value:
Due to their unique advantages, corner properties tend to have higher demand in the real estate market, which can lead to increased resale value. Many buyers recognize the added benefits of corner lots and are willing to pay a premium, making these properties a sound long-term investment.
- Ideal for Business and Commercial Use:
The dual access and high visibility of a corner piece make it ideal for business purposes. Small businesses, such as shops or cafes, can benefit from increased foot and vehicle traffic. This versatility makes corner properties especially valuable for investors considering mixed-use or commercial purposes.
- More Parking Options:
Corner lots often provide extra parking options since they usually allow for driveways on either side. This can be advantageous for homeowners with multiple vehicles or for investors planning to convert the property for commercial use, where parking availability can increase customer convenience.
Considerations When Investing in Corner Piece Properties
While corner pieces offer numerous benefits, there are a few factors to keep in mind:
- Higher Initial Cost: The premium value of corner pieces often means they are priced higher than standard plots.
- Zoning Regulations: Some areas have specific zoning laws for corner plots. Ensure you’re aware of the regulations before investing. This is more reason why you should buy from a real estate company because they have a layout of the estate already.
- Security Measures: With more exposure, corner plots may require additional security measures to protect the property.
Why Now Is the Perfect Time to Invest in a Corner Piece
As urban areas continue to expand, corner piece properties in strategic locations are becoming increasingly scarce. Investing in one now ensures that you secure a valuable asset with excellent long-term growth potential.
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Whether you’re building a home, setting up a business, or developing for resale, a corner piece property offers unmatched advantages that make it a top choice for savvy investors.
Conclusion
Investing in a corner-piece property offers numerous benefits, from increased space and privacy to higher resale value and commercial potential. Whether you’re buying for personal use or as an investment, a corner property can provide a unique edge in the real estate market.
Get Started with Corner Piece Investments
Are you ready to take advantage of the unique benefits of corner-piece properties? Contact us today to explore prime corner piece plots in high-demand locations. Call/WhatsApp Peter at +234 901 509 4850 or click on the WhatsApp button on your screen.
