The Journal of Real Estate Finance and Economics

, Volume 3, Issue 2, pp 185–193

The value of a neighborhood street with reference to the cul-de-sac

  • Paul K. Asabere

DOI: 10.1007/BF00216591

Cite this article as:
Asabere, P.K. J Real Estate Finan Econ (1990) 3: 185. doi:10.1007/BF00216591


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.

Copyright information

© Kluwer Academic Publishers 1990

Authors and Affiliations

  • Paul K. Asabere
    • 1
  1. 1.Department of Legal and Real Estate StudiesTemple UniversityPhiladelphiaUSA