There are plenty of Southland shoppers who value their local Trader Joe’s.
But that value may run deeper than many imagine, according to a newly released analysis from RealtyTrac.
RealtyTrac’s study shows that if you live near a Trader Joe’s your home has appreciated in value more quickly than if you live near a Whole Foods Market.
Now there’s an analysis I never would have dreamed up.
The study shows that homeowners who live near a Trader Joe’s have seen an average 40 percent increase in home value since they purchased, compared with 34 percent appreciation for homeowners near a Whole Foods.