Let's assume two properties were being sold side by side and were identical. Both had potential to be subdivided, but the corner block has the added benefit of having separate driveways.
How much extra, as a percentage, do you think a corner block is worth?
For example, if the non-cornered block was selling for $350K, do you think 10% extra for the corner block would be a reasonable ask, say $385k?
What do you think?
How much extra, as a percentage, do you think a corner block is worth?
For example, if the non-cornered block was selling for $350K, do you think 10% extra for the corner block would be a reasonable ask, say $385k?
What do you think?