Real Estate
Lot Premium vs Upgrade Tradeoff
Lot premiums (corner, water view, cul-de-sac) hold value better than interior upgrades. Run the math.
Lot wins by
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- Lot value at resale
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- Upgrades value at resale
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- 10-yr appreciation diff
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FAQ
Why does the lot win? +
You cannot create more land. Premium lots stay premium; kitchen styles look dated in 10 years. Lot premiums also appreciate with the home value.
Worth a $30k lot premium? +
Almost always yes for view/water/cul-de-sac. Less so for slightly larger lots or corner-on-busy-road.