According to Realtor.com buyers are willing to pay up to 20% more (!) for living on a cul-de-sac, or dead end street. But what makes a cul-de-sac so desirable?
Image from DailyMail.com
- Safety. Children can play outside without the risk of fast moving traffic (Access Magazine).
- It’s quiet. Tucked away from the noisy hubbub, cul-de-sacs provide a more peaceful setting.
- A sense of “neighboorhood”. There’s a feeling of familiarity and closeness involved with living on a cul-de-sac.
- Less crime. The University of California, Davis did a study on Durham, NC. Out of a sample size of 89 crimes, 74 occurred on two way streets. Nearly five times as many, as on the cul-de-sac neighborhoods (Realtor.com). In 1996, James Lasley conducted a study of cul-de-sacs in Los Angeles. Streets were sealed with barriers to create cul-de-sacs. Designed to reduce drive by shootings and gang activity, Lasley found that crime went down when the barriers were implemented. But once withdrawn, crime rates went back up (Guffey).
- Buyers are likely to pay more. Just like purchasing a home in a good school district is a smart idea, purchasing a home on a cul-de-sac could net you more when you decide to sell.
Looking to buy or sell? Give us a call at (626) 204-3360! We would love to be of assistance.
-The Parsons Team