Check angles of corner site
IT’S the prized block of the street, or a chance to create a little housing grandeur perhaps? Double street frontage can make the smallest block look impressive and will appeal to those who relish any chance to reduce the number of immediate neighbours with shared boundaries.
It could even be the hot buy for the future — all you have to do is wait for the potential rezoning allowing development and then reap the rewards.
So surely in any street, you should choose a corner block over a normal block when available. Or should you?
Recently I’ve been involved with selling an impressive period home with a classic and beautifully preserved facade on a corner block.
There are many issues as to why the home is struggling to attract a buyer, but our vendors never considered that the corner block, on the junction of two moderately busy streets, could be considered a negative by buyers. Yet, it was actually causing some buyers concern.
The problem with a corner block is it can be perceived by some to have what I generally refer to as a “fixed negative” — no amount of design creativity, extra cushions or thinking outside not just a common old box but a massive great shipping container can change this element.
So if you’re buying or selling a corner block home, here are five pros and cons to consider.
potential: Buy if you think your research and local knowledge suggests future rezoning opportunities, as the corner block with its extended street frontage offers easier higher density options and often a better chance of a successful viable development scheme. If it already has planning approval you might be paying for that and you need to undertake those calculations carefully.
Additional access point: It will be practical for caravans or boats, have extra parking/ garage possibilities, as you have often two or three times more actual street frontage than a conventional block.
Fewer neighbours: Yes, a whole side of your block will only have people passing by briefly, not people living one or two metres away from the fence. Many households embrace that feature.
An increased sense of space
and light: Another dwelling is not looming over your fence line. It not only might allow
more sunlight but also perhaps enjoy an aspect other homes in the street don’t have. • Potential impressive street
presence: How can I not include potential added kerb appeal? Designed right, the corner block home can look very impressive and that scale and drama can only ever be achieved with the corner block in a street of typical land sizes.
Vulnerability: For some that very prime corner position that delights others can create a feeling of being rather exposed. It clearly depends on how busy the streets actually are, along with the type of locality. Consider the side boundary height. Is it
level with the street, or set higher or lower than your land itself ?
• Security and privacy: These are elements that buyers considering corner blocks give careful consideration to.
Added costs: That extra fence line, that side elevation of your home, can incur additional costs such as added maintenance, fencing or even landscaping. So factor in these
extra costs and, for sellers, if that boundary isn’t well maintained, your potential purchasers could be scared off.
Street noise on two sides:
Disturbance could be higher if one or both streets are thoroughfares as opposed to quiet cul-de-sacs. On a busier road your garden areas generally are to the rear and that entertaining/relaxing space is sheltered from most street disturbance by your house and the neighbours. On a corner it is not.
Cost: On many occasions the corner block might be the more expensive option and that makes perfect sense if it has some form of genuine added value to you — whether that’s future development potential, a lifestyle choice or just because you like it.
The most important factor is ensuring this block type suits not only your needs, but those of as many buyers as possible in the future. If you’re selling, remember the corner block is not always, for everyone, the best block in the street.