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TAKING IT TO THE

STREETS“The street on which you live can affect

the value of your property both negatively and positively.”

WHAT MAKES A STREET SO GREAT?

NUMBER OF HOUSES

From a simple supply and demand perspective, I suppose it’s better to be on a street with only twenty homes than to be on street that stretches throughout the neighbourhood.

But there is something quaint about living on a short block or a street with only a few neighbours. I’m not just talking about the overall value of a home that is in small supply, but rather the desirability of living on a small street that is tucked away from the major roads in a given neighbourhood.

TREE LINED

Most people associate a tree-lined street with more than just the age of the neighbourhood. It’s a better place to live, the schools are better, the area is safer,

etc. When I think of a tree-lined street, I think “established” and “historic.”

NUMBER OF

CHILDREN

These areas are perfect for “starting a family.”The benefits are obvious – road hockey games,

hide-and-go-seek, tag, slip-and-slide, movie nights, sleepovers, and for the parents – there’s

always somebody to babysit.I guess the lone drawback is the constant

competition at the lemonade stand…

WHAT CAN MAKE OR BREAK A STREET?

This can be a pro or con depending on how you look at it.Parents love one-way streets because it means less through traffic and it’s safer for the kids.I HATE one-way streets because I’m always driving and it means I either have to go around the block, or drive backwards while texting on my Blackberry…

ONE WAY STREETS

SPEED BUMPS

THROUGHFARES FOR TRAFFICThis goes along with the speed bumps and often the one-way streets as well.Some streets are a glutton for traffic, and obviously the prices of the homes suffer.

STREET NAMEHow about Jewel Boulevard? Would you assign a slightly

higher value to this street than, say, “Poop Road?”

WHAT’S ON YOUR STREET?

Well, I think the list could go on, and on, and on. But you get the idea.