Poorly named streets create negative shift in market value, real estate expert finds

National Post [Canada] ^ | Friday, May 11, 2007 | CanWest News Service

[canuck_conservative]

Residents of Canada's Dingle Bingle Hill Terrace, Cheapside Street, Ragged Ass Road and Bastard Ward consider yourselves warned: There is a small but noteworthy negative effect between a badly named street and the perceived market value of homes or businesses that reside on it, experts say. "People attach values [to addresses] and pay a premium," said Murtaza Haider, a business professor and director of Ryerson University's Institute of Housing and Mobility. Mr. Haider recently analyzed the property values of 300 homes near Toronto's posh Bloor Street. Controlling for size, he found that having Bloor in the physical address added a statistically significant premium to a property's market worth.

[nkycincinnatikid]

“Farfrompoopen Road”? Where’s that at? What a perfect place to take my VW Pissat.

[ovrtaxt]

lol I see... but the ‘ambience’ of Turd Hill persists, even though it’s not on any signs!

[rabidralph]

So that is the sign I see as I cross the state line into WI? Thanks, for the additional information.

[SoftballMominVA]

We have a “bootleggers road” in our area. Middle schoolers cackle when they see that sign.

[Hillarys Gate Cult]

There used to be a good website on this, it’s not around anymore so this will have to do.

http://en.wikipedia.org/wiki/Zzyzx,_California

Los Angeles had a couple of streets in the 1930s with names that are too offensive to post here.

Guam has a street “Golden Shower Lane”. I’ve seen it. Last I knew it was on Navy property.

[TUAN_JIM]

Blueball Ave in Marcus Hook, PA

[Doohickey]

It’s going to be hard to beat Lickinghole Rd. in Ashland, VA.

No, I did not just make that up.

[Lady Jag]

Been there and it’s wonderful.

[Lady Jag]

[TASMANIANRED]

Too good to resist...

[Darnright]

From Richmond Virginia:

Locals pronounce the road, "Pow hite".

[Publius6961]

Just name any street after Martin Luther King and watch the prices dive.

Army street.
San Francisco.

Cesar Chavez is another loser...

[don-o]

We lived for a time at 1504 Warpath Drive

[Chunga]

Dude...the street that runs 2 thoroughfares behind my property in Decatur, GA is named “Cynthia McKinney Parkway.”

[Publius6961]

Dude...the street that runs 2 thoroughfares behind my property in Decatur, GA is named “Cynthia McKinney Parkway.”

Dude. Lighten up on the bong.

That's the sewer system...

[Chunga]

I wish.

[al baby]

[latina4dubya]

this is the funniest thread ever...

[Fresh Wind]

Lois Lane is in Allentown, PA.

[Designer]

Too bad that "Carter Ln" wasn't named "Clinton Way", seeing as it is rather short and bent.

And of course, "Weesuck Ave" is just under it.

Unfortunate lost naming opportunity bump!