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.

1 – 12 of 75 Listings
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3 Bed • 2 Bath

$509,000

1604 Ne 18th St, Fort Lauderdale

Great House In Great Neighborhood! 3 Bedrooms, 2 Bathrooms, 1,354 Sqft. Granite In Kitchen, Wood Floors In Living Room And Bedroom, Florida Room Th...

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Miles Goldstein Real Estate
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1920 Ne 26th Dr, Wilton Manors

Immaculate And Stunning 3/2 With Pool Plus Play Room/music Room Nestled In East Wilton Manors! Home Features All Impact Windows And Doors, Split Fl...

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Dettman Realty Group Llc

3 Bed • 2 Bath • 1,496 Sf

$515,000

1133 Ne 18th Ct, Fort Lauderdale

Spectacular Waterfront Location!! Endless Possibilities!! This South Fork Of The Middle River Property Sports A Huge Lot! 12,014 Sqft! Just Over A ...

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Coldwell Banker Residential Re

2 Bed • 3 Bath • 1,272 Sf

$529,801

1410 Ne 16th Ave, Fort Lauderdale

Lush Tropical Setting! Spacious Pool Home With A Warm Inviting Interior W/neutral Tones, Tile & Wood Floors, Large Bedrooms With Walk-in Closets, L...

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Oceans Realty Llc
New Listing

3 Bed • 2 Bath • 1,408 Sf

$559,000

1708 Ne 16th Ter, Fort Lauderdale

Beautifully Updated 3 Bedroom 2 Bath Home In Poinsettia Heights. Features Include Impact Windows And Doors, Porcelain Tile Flooring Throughout, Upd...

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Keller Williams Realty Profess
Reduced 2%

2 Bed • 2 Bath • 1,568 Sf

$569,000

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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Bhhs Ewm Realty

4 Bed • 2 Bath • 1,508 Sf

$569,900

2400 Ne 27th Ave, Fort Lauderdale

Coral Ridge! One Story Charming Home On A Corner Lot, 2 Car Attached Garage And Tons Of Potential! Located In A Most Desirable Old Coral Ridge! Wel...

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Alta Realty Company Llc
Reduced 2%

3 Bed • 2 Bath • 1,405 Sf

$575,000

1711 Ne 18th Ave, Fort Lauderdale

Old Florida Charm Meets Beach Coastal Home! Gleaming Terrazzo Floors Greet You As You Enter This Poinsettia Heights Beauty. This Home Has A 3 Bedr...

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Re/max Experience

3 Bed • 3 Bath • 2,295 Sf

$599,900

1900 N Victoria Park Rd, Fort Lauderdale

The Value Of A Property Is Determined Not Just By The Number Of Beds, Baths, Sq. Ft., And Quality Of Finishes, It Is Also And In Large Measure Its ...

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Douglas Elliman
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3 Bed • 2 Bath • 1,805 Sf

$610,000

2204 Ne 15th Ct, Fort Lauderdale

Location, Location, Location! This House Is Located In One Of The Best Neighborhoods In Fort Lauderdale. Walk To Whole Foods, Trader Joe's And Ma...

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Access Usa Realty, Inc
New Listing

3 Bed • 2 Bath • 1,647 Sf

$629,000

2018 Ne 20th Ave, Fort Lauderdale

Located In The Tranquil Northeast Section Of Poinsettia Heights With Tree Lined Streets And Sidewalks. Beautifully Renovated Home With Split Floor...

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Compass Florida, Llc
Reduced 6%

3 Bed • 3 Bath • 2,399 Sf

$655,000

2625 Ne 25th St, Fort Lauderdale

Potential Awaits In The Heart Of Coral Ridge. This Pool Home Has An Open Feel With Natural Lighting. Large Rooms, Unique Floor Plan That You Can ...

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Better Homes & Gdns Re Fla 1st

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

John Sabia

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