Do street names affect home prices?

Could the name of your street affect the price of your home?

Could living on Jackass Hill make your home worth less money? With so many people fascinated by real estate these days, “Freakonomics” author Stephen Dubner looks at real estate from a new angle. So many factors go into the price of a home “” the location, the number of bathrooms, the school district. But what about the name of your street?

Dubner says yes “” the rule of first impressions basically applies here because people looking at real estate listings have very little info to go on. A bad name means means fewer people will come to see the house when it’s for sale and fewer people means less demand, which means a lower price.

“When your house is on a street with a particularly unpleasant name “” we have one example Voltage Street “” people simply get a bad first impression,” Dubner said.

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