The potential downsides to being closer to the street or sidewalk are more traffic noise and less privacy. In some lot configurations, the side setback from the street and pedestrians may be extremely narrow, up close and personal.
Sometimes the corner configuration comes up short in the areas of safety and functionality. If the front door faces the street running along the long axis of the lot, it means the main yard is a side yard. Most usable outdoor space is on the side, while the back of the home butts up against the neighbor’s property line with little space for a traditional backyard. Some owners make the best of it by installing a patio or small deck, screened by a fence or shrubs for privacy. Others don’t mind having neighbors on both sides. But if you’re visualizing a large, private backyard, this type of corner home won’t fit your picture. Consider the added safety factor when your children are playing--will you be able to spot them from your window?