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Poorly named streets create negative shift in market value, real estate expert finds
National Post [Canada] ^
| Friday, May 11, 2007
| CanWest News Service
Posted on 05/11/2007 7:01:48 AM PDT by 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.
TOPICS: Business/Economy; Culture/Society; Extended News; Miscellaneous
KEYWORDS: names; realestate; urban
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To: getmeouttaPalmBeachCounty_FL
“Farfrompoopen Road”? Where’s that at? What a perfect place to take my VW Pissat.
To: calex59
lol I see... but the ‘ambience’ of Turd Hill persists, even though it’s not on any signs!
122
posted on
05/13/2007 4:26:45 AM PDT
by
ovrtaxt
(You know what they say about us guys with enormous carbon footprints...)
To: MediaMole
So that is the sign I see as I cross the state line into WI? Thanks, for the additional information.
To: canuck_conservative
We have a “bootleggers road” in our area. Middle schoolers cackle when they see that sign.
To: Michael.SF.
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.
125
posted on
05/13/2007 4:51:19 AM PDT
by
Hillarys Gate Cult
(The man who said "there's no such thing as a stupid question" has never talked to Helen Thomas.)
To: canuck_conservative
Blueball Ave in Marcus Hook, PA
126
posted on
05/13/2007 7:52:33 PM PDT
by
TUAN_JIM
(Sic Semper Tyrannis)
To: canuck_conservative
It’s going to be hard to beat Lickinghole Rd. in Ashland, VA.
No, I did not just make that up.
127
posted on
05/13/2007 7:55:29 PM PDT
by
Doohickey
(Giuliani: Brokeback Republican)
To: Dumpster Baby
Been there and it’s wonderful.
128
posted on
05/13/2007 8:08:45 PM PDT
by
Lady Jag
(A positive attitude will annoy enough people to make it worth the effort.)
To: canuck_conservative; TASMANIANRED
129
posted on
05/13/2007 8:22:26 PM PDT
by
Lady Jag
(A positive attitude will annoy enough people to make it worth the effort.)
To: Lady Jag
130
posted on
05/13/2007 8:31:02 PM PDT
by
TASMANIANRED
(Taz Struck By Lightning Faces Battery Charge)
To: canuck_conservative
From Richmond Virginia:
Locals pronounce the road, "Pow hite".
To: cripplecreek
Just name any street after Martin Luther King and watch the prices dive.Army street.
San Francisco.
Cesar Chavez is another loser...
132
posted on
05/25/2007 11:15:31 AM PDT
by
Publius6961
(MSM: Israelis are killed by rockets; Lebanese are killed by Israelis.)
To: wideawake
We lived for a time at 1504 Warpath Drive
133
posted on
05/25/2007 11:18:26 AM PDT
by
don-o
(We are "THEY")
To: cripplecreek
Dude...the street that runs 2 thoroughfares behind my property in Decatur, GA is named “Cynthia McKinney Parkway.”
134
posted on
05/25/2007 11:18:43 AM PDT
by
Chunga
(Conservatives Don't Let Democrats Win Elections. They Vote Republican.)
To: Chunga
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...
135
posted on
05/25/2007 11:20:42 AM PDT
by
Publius6961
(MSM: Israelis are killed by rockets; Lebanese are killed by Israelis.)
To: Publius6961
136
posted on
05/25/2007 11:22:38 AM PDT
by
Chunga
(Conservatives Don't Let Democrats Win Elections. They Vote Republican.)
To: canuck_conservative
137
posted on
05/25/2007 11:23:13 AM PDT
by
al baby
(Hi mom)
To: canuck_conservative
this is the funniest thread ever...
To: canuck_conservative
Lois Lane is in Allentown, PA.
139
posted on
05/25/2007 11:30:38 AM PDT
by
Fresh Wind
(Vaclav Klaus: "A whip of political correctness strangles their voice")
To: murphE
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!
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