Can A Grocery Store Affect Your Home's Value? Whole Foods vs. Trader Joe's

Posted by on Friday, August 14th, 2015 at 11:40am.

We all have our favorite grocery stores. And what does this have to do with home values? Well, the stats are in. A Realty Trac study on zip codes with homes with Whole Food's and Trader Joe's report the following:

Homes near a Trader Joe’s have seen an average 40 percent increase in home value since they purchased. This is 6 percent more than the appreciation for near a Whole Foods.  Keep in mind, that higher home values will also increase property taxes.

 

Trader Joes in the Early Days                 whole-foods_400
 

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