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Updated over 1 year ago on . Most recent reply
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I need help understanding what backing and siding traffic means.
I need help understanding the terminology: backing, siding and fronting traffic. Please and thank you
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@Hamlet Garcia It sounds like you are talking about a property's relationship to high traffic streets. In appraisals, you'll often see appraisers make adjustments for lots that are located adjacent to a highway, or major street. This is because most people don't want to live next to traffic noise mostly but also potential risks of accidents. Usually then, a location next to a busy road will be a negative factor on the value and potential rents.