A new study shows that a Whole Foods or Trader Joe's opening in a neighborhood results in a more rapid increase in home prices.
In fact, homes within a 1/2 mile of either Whole Foods or Trader Joe's are worth more than twice as much as the median home price in the rest of the U.S.
Being located close to a Starbucks has also been shown to have a positive affect on the value of homes.
And so if a Whole Foods, Trader Joe's or Starbucks opens close to your home, toast a cup of java to the likely positive appreciation that will result in the value of your home.
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