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I'm selling my home and it is an oversized corner lot. How much should it increase the value?

My homes is about 4,000 sq. ft. more than other homes in our neighborhood.
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November 14 2013 - Spring
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Whether your property will command a premium or not depends on the locality where the property is situated and the prospective buyer. Some would appreciate having more area which could give rise to a bigger yard, a Sor something else. Some would appreciate a corner view and enjoy a little traffic. Some would come up with the idea of having lush trees which would serve as natural hedges and keep noise out. There is no rule-of- the -thumb.
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November 16 2013
That's a good question. It depends on the neighborhood and how the property sits on the land.  The added street exposure works great for families that have more than one driver.  If it is located more on the side than the middle than there could be more areas to play.  There is a lot to consider with a corner lot.
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November 15 2013
Your home is 4,000 sq feet more or your lot is 4,000 sq feet more?

corner lots are not always considered premium lots because of the added street exposure.  I would not add more than a few thousand into the price.  Having more side yard is not usually desirable. 
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November 15 2013
Corner lots do not always command a higher price.  Some buyers do not want traffic on two sides of their yard,  It depends on the neighborhood.
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November 14 2013
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Compare your purchase price with homes around, what premium did it add at that time?   It is likely to be proportionately similar.    For some people, a corner lot decreases value as there is more traffic noise and public views from two sides of the house rather than one.
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November 14 2013
 
Related Questions
I'm selling my home and it is an oversized corner lot. How much should it increase the value?
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Latest answer by california fence
November 16 2013 | 5 answers
  • Asked by yorkatie
  • In Pricing
  • November 14 2013
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