News

Can Specialty Grocery Stores Boost Property Values?

A recent study of US ZIP codes finds that living near a Whole Foods or Trader Joe’s will likely boost your property values. RealtyTrac analyzed data in ZIPs with at least one of the grocery stores. Homeowners near a Trader Joe’s saw an average appreciation of 40% while those near Whole Foods saw an increase of 34%, the Houston Chronicle reports. For those looking to relocate, purchasing near a Trader Joe’s seems to be a safer bet. Homes near a Trader Joe’s have an average value 5% greater than those near Whole Foods. [CHRON]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

3 Houston Office Properties, Vacant To Nearly Full, Change Hands

How Houston's Next Generation Of Retail Can Elevate The Suburbs And Attract Customers

Hines Names New Co-CEO As Part Of Generational Leadership Shift

Disgraced Houston Housing Official Sentenced For Misusing Public Funds

Whole Foods-Anchored Retail Nears Construction: The Houston Deal Sheet

AI-Powered BTR Development Is Set To Come To Houston Suburb

Logistics Company Leases 428K SF Spec Industrial In Baytown

Data Centers Are Making It Harder To Build Everything Else

Greenspoint Mall To Get New Life As Industrial Park

Eli Lilly Starts Building Record $6.5B Houston Manufacturing Facility

Galveston County's Development Boom Needs A Welcome Mat

Houston-Area Manufactured Home Community Offering Units Below $90K