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Reply to "House on Busy Street: What percentage reduction"
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[quote=Anonymous]Our house is on a busy street (double yellow line, 4 lanes of traffic, but 30 MPH speed limit that is aggressively enforced). The tax assessors and the appraisers deduct very little for the busy street. Like 10k or so. That being said, from watching other houses on the same street sell, I would say it does not reduce the price much, but it does mean they tend to sit on the market longer b/c there is a smaller pool of buyers who want to buy on the street.[/quote]
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