What is a benefit of owning a corner lot?

The advantage of owning a corner lot primarily lies in the potential benefits associated with its unique positioning within a neighborhood. Corner lots are often more spacious and have greater street exposure, which can enhance visibility for a home or business and provide more natural light. This visibility can attract potential buyers, and as a result, such properties may have a higher resale value compared to interior lots.

While facing two paving assessments when sidewalks need repair may seem like a consideration, it's not typically viewed as a benefit. Although some might assume that corner lots might experience more traffic, they also often come with opportunities such as increased curb appeal and the capacity for more extensive landscaping. Ultimately, the advantages of owning a corner lot generally include factors like increased property value, greater accessibility, and enhanced outdoor space, rather than the potential structural assessments associated with it.