Next we looked at street suffixes — the “roads,” “drives” and “boulevards” — and found that, for instance, homes on “Washington Street” are usually different from homes on “Washington Court.”
For one thing, a house on Washington Street is probably older. Different street suffixes were popular at different moments. “Streets” and “avenues” were stylish in the 1950s, “ways,” “circles” and “courts” in the late ’80s.
Street suffixes also offer clues about the size of their neighborhood. Boulevards and avenues include the most homes on average, while courts and lanes include the fewest.
Most significant, suffixes have a lot to say about home prices. Homes on “streets” are almost always among the least valuable. If you’re looking for a higher-value home, you’re much more likely to find it on a “way” or a “place.”
—Spencer Rascoff and Stan Humphries, writing for the New York Times. Rascoff and Humphries analyzed years of data about home sales and listings to learn about the relationship between home value and street name.