Whole Foods, Trader Joe’s…Healthy for You and Your Home!

National + Weekender | June 22, 2017

Living near Whole Foods and Trader Joe’s may not only do your body good, but also increase the value of your home.

This, according to Zillow, which indicates that homes near Whole Foods and Trader Joe’s appreciate 140% and 148%, respectively — nearly double the rate of the median U.S. home.

Last year, 2.8 million homes were located near one of 375 Whole Foods locations or 451 Trader Joe’s locations, and those homes have reportedly appreciated at double the rate of homes in other areas.

From 1997 to 2014, the median U.S. home originally worth $103,000 had appreciated 71% to $177,000. Meanwhile, a median home near Whole Foods originally worth $157,000 reportedly appreciated a whopping 140% to $376,000; and a median home near Trader Joe’s appreciated 148% to $407,000 during the same time.

“Whole Foods and Trader Joe’s are not simply piggybacking off already hot neighborhoods,” wrote Zillow data analyst Jamie Anderson of the study. “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.”

Connect

Inside The Story

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

Order Reprints

Sub Markets

National

Property Sectors

Topics

Whole Foods, Trader Joe’s…Healthy for You and Your Home!

Inside The Story

About Dennis Kaiser

Meet The Connect Team

Connect CRE News

Connect Events

Connect CREative