This article provides empirical evidence from Halifax, Nova Scotia, confirming the view that the type of neighborhood street can affect home values. The study identifies two categories of streets-the cul-de-sac and the grid-and measures their impacts on home value. The hypothesis that the cul-de-sac would attract premium values was supported by the study. In this study, the cul-de-sac generated a 29 percent price premium over the grid street pattern. The study concludes with a discussion of planning and development implications. © 1990 Kluwer Academic Publishers.
CITATION STYLE
Asabere, P. K. (1990). The value of a neighborhood street with reference to the cul-de-sac. The Journal of Real Estate Finance and Economics, 3(2), 185–193. https://doi.org/10.1007/BF00216591
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