The Pros and Cons of Buying a Property on a Corner Lot

Posted by on Tuesday, June 17th, 2014 at 9:01pm.

When you're out house hunting this summer you're bound to run into some listings that are situated on a corner lot. There are both pros and cons to buying a home at the corner of two roads and sometimes the location of the house can play a big part in providing more pros or more cons.

Consider the foot traffic nearby

If you're in a busy part of the town, you can definitely expect to see some pedestrians cutting their way across your lawn to get to the next sidewalk. Although the average person wouldn't ever consider walking on another person’s grass, there are those that simply don't care.

If a lot of people cut across your yard you'll have to devote a lot more time to lawn maintenance. It's hard to keep your lawn looking lush and green when it's being trampled on by strangers.

More debris and garbage

With a lot of foot traffic passing by your house, you can expect to see more debris and garbage left on your lawn. While most homes are built along one street, your home will be sharing two. This means that you can expect more debris to end up on your lawn than usual and most of it will come from garbage that is being swept along from the wind.

Find out about the fencing

One thing that you'll need to keep in mind if you're considering a corner lot is the fencing bylaws. If the home is new and doesn't yet have a fence erected, you'll need to find out where it can be put. You'll also want to consider that having a fence put up may not guarantee the privacy that you're looking for. One side of the fence will probably be running alongside one of the sidewalks where people can peek in.

More accidents

Most accidents occur, unfortunately, at an intersection. If your corner lot is situated between 2 busy streets, you may see a few accidents occurring from time to time. This is not a pleasant situation and may be something that you'd like to avoid.

On the upside

In general, you'll usually end up with a bigger lot when it's located on a corner. You may also find that the homes being offered on corner lots are bigger in size as well.

If you're a social person you may just welcome the extra traffic passing by and the opportunity to get to know more of your neighbours. You'll be a part of 2 streets and will ultimately get to know more of your friendly neighbours.

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