Homes Near Starbucks... Really Worth More?
By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
Do you love the smell of freshly brewed coffee inside Starbucks? If you can practically smell the aroma from your Ann Arbor home, good news. Research conducted by Zillow suggests that having a Starbucks near your home may increase its value! In fact, they found that homes within a quarter mile of a Starbucks increased in value by 97 percent from 1997 to 2014, compared to a 65 percent appreciation for homes not located near a Starbucks.To learn more about this "Starbucks Effect," read our full blog post and watch our video by clicking here.
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