Privacy seems to be at a premium these days. With smartphones and security cameras prevalent everywhere it seems, most people want to enjoy their privacy, especially at home.
If you’re planning to buy a vacation home in Orlando, you may want to consider a property on a privacy lot. In simple terms, this is a lot which is not overlooked by the neighbors. A privacy lot could be on the waterfront, facing a conservation/preserve area, or even on a golf course. Typically, privacy lots are the most in demand lots after waterfront lots.
Privacy lots and vacation homes near Disney are highly desired pieces of real estate. And it’s no wonder. The owners get to enjoy their privacy when using the property. And they can advertise the rental property as being private, which means they can charge a slightly higher fee than the owner whose home is back to back with another house where neighbors are more visible.
Is a Privacy Lot Worth the Extra Cost?
Whether or not a privacy lot is worth the extra cost depends on how you intend to personally use the home. Are you buying this home as a pure investment property? Or will you be spending your holiday in Orlando each year? You’ll need to weigh the pros and cons before making an offer on a particular property.
Be advised that waterfront lots and privacy lots are in high demand, whether the home is new or resale. That means you should expect to pay a higher price than a comparable home in the same community.
Ultimately, you can base your decision on whether to purchase a privacy lot on three criteria:
- How much money are you willing or able to spend?
- How do you intend to use the property?
- Which property represents the best value for the money, based on the other two criteria?
Team Donovan has a variety of homes listed for sale on privacy lots. Use our advanced search feature to specify whether you prefer a golf home, waterfront or conservation lot. Or call us at 407-705-2616 and we will help you find the perfect Orlando vacation home.