Good news if you hate the name of the street you live on

street signs
street signs

Here's the good news if you live on a street with an odd name: It probably isn't bringing down your property values.

There's good reason to wonder, since there are some pretty weird street names out there, like Psycho Path near Traverse City, Michigan, and Shades of Death Road, New Jersey. (Those streets I found on blogs and then confirmed them on Google Maps. You can also find weird street signs at the web site, FunnySign.com). And then last year, the question inadvertently came up after a reverend made some news when he tried to get Whitewood, South Dakota to change the name of Hooker Street. (It was named after General Joseph Hooker, in the Union army. The town ultimately voted to keep the name.)

I interviewed a few real estate experts, asking if a street sign could negatively or positively affect one's property value, and the consensus among them was: No.

But they agree that a street name can make selling a home a little harder or easier.

"Theoretically, I think it can hurt you, but I don't think it's going to hurt you," suggests Andy Sachs, a real estate agent in Newtown, Connecticut. He gives the example of a street called Poorhouse Road in Newtown. "There are some great houses, but do people want to live on a street called Poorhouse?"