“Your home’s value will increase 2X as fast if you live within 1 mi. of a Whole Foods!!” - Forbes. We wanted to summarize this for you...
Above Instagram pics clockwise from the top left: @richsmicroroast @@wholefoodsphilly @hempiespaper @xdanpx @elkinthekitchen @wholefoodsphilly @wholefoodsphilly @whats.gab.eating @wholefoodsphilly
375 Whole Foods were tracked with 1.5 million homes within a 1 mile radius using historical Zestimate data. The typical home near the chain both costs more and appreciates faster than the median U.S. home.
Homes near a Whole Foods were worth a median $376,200, and appreciated 140%.
The median U.S. home was worth $176,800 as of December 2014 and appreciated only 71%.
???? Whole Foods are in high cost areas, but is the large gap in appreciation due to a value gap in high- versus low-cost areas, or can Whole Foods help accelerate home value growth?
To answer this question appreciation rates of homes around 40 Whole Foods were analyzed before and after a store opening. AND THE RESULTS ARE CLEAR: “Before either a Whole Foods or a Trader Joe’s location opens its doors, homes near the soon-to-be-opened store appreciated at the same pace or slower than the typical home in that city. After these locations open, homes near either store begin to appreciate faster than the average home in the city. Whole Foods and Trader Joe’s are not simply piggybacking off already hot neighborhoods. Rather, it appears both chains are either incredibly smart about finding neighborhoods on the verge of gentrifying, or the opening of either location positively impacts home values.” YAY!
Please find the rest of the Forbes article here: https://www.forbes.com/sites/zillow/2017/06/19/living-near-whole-foods-can-boost-your-homes-value/#2be5e8372a64
We have two beauties located within 1 mile of the Spring House PA Whole Foods in Lower Gwynedd, just outside Philadelphia...
525 Penllyn Pike, Lower Gwynedd, PA 19422
More here: http://sivelgroupluxury.com/listing/525-penllyn-pike
508 Penllyn Pike, Lower Gwynedd, PA 19422
More Here: http://sivelgroupluxury.com/listing/508-penllyn-pk
Contact us for a private showing by clicking on either link!
