Profile picture for user9827769

House in a Corner lot by Community Enterance in Ballentyne with no lot premium

We are looking at the Sonora community in Ballantyne with a house right close by the entrance. The builder is asking for no lot premium.
I wanted to know if the lot location is a concern.  
  • September 26 2012 - Ballantyne West
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Answers (3)

Profile picture for natewolf
Yes it is a concern. The closer to the entrance the lower your resale value, and the longer time on market. The same exists for homes on the main street, and homes at intersections or stop signs in the neighborhoods.

There is a reason the builder is asking for "no lot premium" because this lot is "not premium".


  • March 27 2013
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Profile picture for The Watson Group
Corner lots next to busy roads can be a concern for many buyers when it comes time for you to sell your home.  The only way to overcome this is usually with price.  So, if your considering buying a home at a location like this...and though the builder is offering it with no lot premium, I recommend negotiating down the price so that you get a better deal and to help you when it comes time for you to sell as well.  All the best!
  • October 01 2012
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Profile picture for Joseph Owens
Usually the answer to this kind of question depends on how much daily traffic comes into the neighborhood. If it's a lot and you are right at the entrance you'll see every car and truck and it might be annoying. If you have kids, it might be a little more dangerous for them as well. I have an agent friend who says a home by the entrance of a community is a lot like a table near the kitchen in a restaurant, you still get a nice dinner but not quite the same experience. It's good to think of these kinds of details and I'm sure it will lead to you getting just the right home. Good luck.
  • September 26 2012
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