From Kim Miller: "Are homes on named streets more valuable than those on numbered?"

In the little City of Lake Worth most streets and avenues are either lettered or numbered. That makes it very easy to find a location but does the lack of a 'named' road affect a homes value? Don't think this is applicable to Lake Worth but Kim Miller at the Real Time blog has this story that might make you wonder:

     It may not seem like much, but living on Elm Street vs. 10th Street may make a significant difference in the value of your home. [emphasis added]
     In a Zillow study of single-family homes on named vs. numbered streets, the named streets came out the winner, having values as high as 33 percent more in some cities than their numbered counterparts.
     And it’s not just any name that packs a value wallop. In Florida, the most valuable homes are on Ocean and Gulf streets, while in Baltimore, it’s Riverside.
     “Like fossils buried under layers of sand, street names capture essential facts about the homes on their blocks,” write Zillow Chief Economist Stan Humphries and company CEO Spencer Rascoff, in their book “Zillow Talk: The New Rules of Real Estate.”

Wouldn't worry about any street or avenue name changes in the City of Lake Worth any time soon. We have a few other problems to fix first.