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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: canuck_conservative

Not a street but a town called—WEED, CALIFORNIA.


141 posted on 05/25/2007 11:41:44 AM PDT by Isabelle
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To: canuck_conservative

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)

LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

142 posted on 05/25/2007 11:42:30 AM PDT by LonePalm (Commander and Chef)
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To: calex59
"Pig Turd Alley"

Upgrade that to "Porcine Defication Boulevard" and you've improved everyone's property value tenfold!

143 posted on 05/25/2007 11:43:46 AM PDT by Designer
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To: Clemenza
Yep, which is why a portion of West Windsor is named "Princeton Junction"...

Actually, there's a legitimate reason for that. A spur line off what used to be the Pennsylvania Railroad runs from there into Princeton, itself. A shuttle train called "The Dinky" still operates on that route.

144 posted on 05/25/2007 11:47:51 AM PDT by Fresh Wind (Vaclav Klaus: "A whip of political correctness strangles their voice")
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To: Balding_Eagle
Add to that Martin Luther King Blvd.

That's "Dr. Martin Luther King Drive, Jr." to you, bud.

145 posted on 05/25/2007 11:48:15 AM PDT by HIDEK6
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To: canuck_conservative


In 1716, land was sold by Connecticut to 16 persons, including Jonathan Belcher,
later Royal Governor of Massachusetts, 1730-41. Washington did not belch here.

.


146 posted on 05/25/2007 11:52:00 AM PDT by OESY
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To: HIDEK6
Actually that's "Reverend Martin Luther King Jr, Drive."
147 posted on 05/25/2007 11:53:51 AM PDT by dfwgator (The University of Florida - Still Championship U)
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To: dfwgator

Not, “The Most Reverend, Holiness, Black-Beyond-Belief Dr. Martin Luther King Boulevard, Jr?”


148 posted on 05/25/2007 11:55:36 AM PDT by HIDEK6
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To: canuck_conservative

It could be worse. I grew up in a small berg in Central New York. Off of the main road were about a dozen numbered Avenues. They were numbered not in physical order but in the order that they were created. (i.e., 5th Ave between 1st and 2nd, etc.). The locals have no problem with this but outsiders are frustrated to no end.


149 posted on 05/25/2007 12:05:02 PM PDT by BuffaloJack
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To: al baby

Hey. I’ve seen that road too. ;)


150 posted on 05/25/2007 12:14:22 PM PDT by EveningStar (http://www.badgerbadgerbadger.com/)
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To: Designer

Actually,after I posted this I learned that they had changed the name back to Pig Turd Alley. It now appears on the rolls and in ads in the paper. People wanted the historical name and they got it. This is a slap in the face of PC!:)


151 posted on 05/25/2007 12:36:11 PM PDT by calex59
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To: EveningStar
I consider it a high point in my sobriety
152 posted on 05/25/2007 3:26:08 PM PDT by al baby (Hi mom)
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To: calex59

I grew up on Ping Tard Avenue


153 posted on 05/25/2007 3:26:55 PM PDT by al baby (Hi mom)
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To: HIDEK6

I find 3 ‘Dr. Martin Luther King Drive, Jr’ in the United States.

There are over 300 ‘Martin Luther King Blvd’ in the United States. The few of which I been on are in the slum part of towns.


154 posted on 05/25/2007 5:03:09 PM PDT by Balding_Eagle (If America falls, darkness will cover the face of the earth for a thousand years.)
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To: RobbyS
And let's not forget the famous Faust Hotel in New Braunfels. Nice place, but I'm not signing their register!


155 posted on 05/25/2007 5:17:30 PM PDT by B-Chan (Catholic. Monarchist. Texan. Any questions?)
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To: HIDEK6

156 posted on 05/25/2007 5:20:07 PM PDT by B-Chan (Catholic. Monarchist. Texan. Any questions?)
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To: No.6

Hey! I’ve been there! Climax, GA, that is. ;o)


157 posted on 05/25/2007 5:30:41 PM PDT by SuziQ
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To: LoneConservative

There’s a Purgatory Rd. crossing Rt. 146 in MA. You take it to get to Purgatory Chasm.


158 posted on 05/25/2007 5:33:19 PM PDT by SuziQ
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To: Fiji Hill
How about Lover’s Lane, a major street in Visalia, Calif., or Memory Lane in Santa Ana, Calif.?

Lovers Lane is a major thorofare in Dallas, TX. But it doesn't go to Love Field.

Instead, it's a mile north of the quaintly-named Mockingbird Lane -- another major thorofare.

159 posted on 05/25/2007 5:41:02 PM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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To: B-Chan
Speaking of Faust, how about the Fausthaus in Bad Kreuznach, Germany, where the real Faust once resided?
160 posted on 05/25/2007 7:32:27 PM PDT by Fiji Hill
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