On one end of the street spectrum there is the cul-de-sac in a closed development, and on the other end of the spectrum there is a superhighway running through the front yard.
Somewhere in between those two points we go from quiet, to busy. Where is that demarcation?
For streets in the middle of that spectrum, what defines "a busy street"?
The buyer ;)
I consider a double-yellow line to be one determining factor. Any street with a double yellow is sure to reduce your buyer pool...
Originally posted by Sam & Heather Jones:
The buyer ;)
I live on what I would consider a busy street. It is narrow with no yellow lines, but about 2800 cars a day on average. It is a short street and mostly cut through traffic, so thankfully not much speeding.
The double yellow lines is a decent indicator, but also scout out about a mile or two from the location you're looking into to see what is around the area. Some places don't have the double lines but there could be highway exits or schools nearby that can make it a busy street.
There are different levels of "busy" streets and it's going to be the buyer that dictates what they're willing to live on. Each step up you're going to lower your buyer pool and price. Some people only want a cul de sac and would consider anything else to be too busy. Some buyers may consider a main entry street within development to be "busy." It goes all the way up to 4 lane roads, 6 lane roads, highway frontage, etc.
Look at comps for different sized roads in the area and see if you see a pattern. You also need to factor in what type of property. A 1 bedroom condo on a busy street is probably not a big issue but a 5 bedroom house that would most likely be purchased by people with children would be much more affected.
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