Are Homes Near Whole Foods And Trader Joe's More Valuable?

Posted by John Sabia on Tuesday, November 8th, 2016 at 3:40pm.

photo of Trader Joe's

There are many factors to consider when assessing the value of a residential property. Besides the home itself, outside factors may include but not limited to the school district, closeness to recreational parks, easy access to major highways and public transporation, etc. 

But one factor that may surprise you, according to an analysis by Zillow, is closeness to an upscale grocery like Trader Joe's and Whole Foods. While Fresh Market was not mentioned in the analysis, I'm sure the same holds true. The analysis found that homes in neighborhoods within a mile or so from the high-end grocery stores appreciated in value much quicker than homes located further away. 

"Between 1997 and 2014, homes near the two grocery chains were consistently worth more than the median U.S. home. By the end of 2014, homes within a mile of either store were worth more than twice as much as the median home in the rest of the country."

You can read the full article here.

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Oceans Realty Llc

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1121 Ne 17th Ave, Fort Lauderdale

Ideally Located 3br/2ba Offers A Flexible Floor Plan That Include Both A Formal Living And Dining Room, A Family Room And Two Additional Rooms Adja...

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Coldwell Banker Residential Re
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Charles Rutenberg Realty Llc
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Beautifully Updated 4 Bedrooms 2 Bath Home With Large Backyard, Perfect For Entertaining In The Highly Desirable Poinsettia Heights Area Of Fort La...

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Reaction Realty Group, Inc.
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This Lovely And Warm 3/2 Ocean Access Home Is Perfect For A New Owner Looking For The Serene View Of The Water On Their Open Patio. For Boat Lovers...

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Aqua Realty Services
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2572 Ne 26th St, Fort Lauderdale

Your Ticket Into A Highly Sought Out Coral Ridge Neighborhood At A Great Price. This Beautiful Home Boasts A 9,945 Sqft Lot And An Open Interior Fl...

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Keller Williams Realty Cs
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1936 Ne 26th Dr, Wilton Manors

East Wilton Manors Pool Home. 100% Impact Windows And Doors, Spacious Living Room Leads To New Kitchen With White Shaker Cabinets, Granite Counter ...

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Better Homes & Gdns Re Fla 1st
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2417 Bayview Dr, Fort Lauderdale

Fab Location In Coral Ridge With Entrances To House Both On Bayview And 27th Terrace Making This A Special Property. Ac Updated In 2015, Electric ...

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Ewm Realty International

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1512 Ne 17th Way, Fort Lauderdale

This Beautifully Appointed Home Is Located In The Highly Desirable Area Of Poinsettia Heights. The Home Has A Unique Style Of It's Own And Is Move...

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Charles Rutenberg Realty Llc

View more homes for sale near Trader Joe's and Whole Foods in Fort Lauderdale

John Sabia

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