I regularly drive by a single-family home that is located on a busy four lane road. Decades ago, this was a two lane road and traffic was lighter. Now, it is a road with a 50 MPH speed limit and many cars zooming daily between suburbs. In the morning, the school bus stops on the busy road to pick up kids from one house. Most of the housing in this area is located on streets that branch off this main road; this is common in suburban areas as residential neighborhood traffic is routed to arterial roads.

When looking for housing years ago, I remember seeing homes located on such roads. What might be the advantages and disadvantages of such properties?

Advantages:

-Quick access to a major road. Suburban subdivisions can be big and the roads winding. It can take minutes just to leave the neighborhood.

-A reduced price. If the road is busy and noisy, this may mean the property is cheaper than comparable houses and lots.

-A location along a known road.

Disadvantages:

-Noise. The sound of cars and trucks is constant.

-Safety. Many suburbanites might wonder whether kids can safely play.

-Lower property values in comparison to similar properties.

-Less parking. If you have lots of people over, is the driveway big enough for everyone?

I would guess many suburbanites would choose not to live on or even near such a major road if they can help it. At the same time, plenty of suburbs have houses located along busy and fast roads.