I would say no, but I'm not an appraiser, though having bought a few houses in the last few years, including one on a busy street, let me tell ya; anything that is close to a busy road is going to sell for less than something that is not on a busy road, regardless of whether you have bushes to hide the road and change your driveway. The road is still there, you didn't change the location at all, and the location, location, location is the key factor here.
Sure there are exceptions, some places on busy roads in NYC for example might demand a premium because of what they are close to, but generally, it's not the case
All just my opinion...and I would never buy another house on a busy road, it's the first thing I look at when I check a listing these days...