👨‍💼Grocery Stores Effect Home Values

By
Real Estate Agent with Arizona Focus Realty SA634540000

💥Grocery Stores Effect Home Values


 ☀️For ALL of Your East Valley AZ Real Estate Needs

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️It turns out that being near grocery stores is not only convenient for homeowners, but it can also have a significant effect on home equity and value. How is this so? Read Attom's full analysis here!  Click HERE.

 


I specialize in the East Valley of the Phoenix Metro area - Gilbert, Mesa, Chandler, Tempe, Scottsdale, Apache Junction, and Gold Canyon


☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call or 🙋‍♂Text Brian at 480-773-2370

📨Email Brian  ~  Search the MLS for FREE

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Comments (21)

faye schubert
Retired - Branson, MO
Living the Branson Lake Life

Living in the Ozarks, the proximity to grocery stores does affect a sale.

Winding down the roads to lakes to your home and a 20 minute drive to a grocery is not a good thing for most prospective home buyers.

Jan 26, 2023 04:07 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Hmm, convenient yes, but right near by I'm not so sure about those to want to live in the suburbs.

Jan 26, 2023 04:07 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Good morning, Wayne Martin I remember a client that scorned it, yet would be at the grocery store 3 times each day, haha.

Jan 26, 2023 04:16 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It seems that people really like convenience faye schubert and even though the distance to a grocery store wouldn't be the most important thing to me, it would indeed be a deciding factor if I was choosing between two homes.

Jan 26, 2023 04:17 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

There are a couple of grocery stores that are within walking distance to my home Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 yet I don't shop at them, haha.

Jan 26, 2023 04:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Brian... that has been the case for quite a while... probably more so now that the cost of gas is so high. With so many people now shopping at The Dollar Store in lieu of regular grocery stores, pretty soon they'll be running statistics on how much value you get in a home that's close to a Dollar Store. :)

Jan 26, 2023 04:47 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You bring up a really good point Nina Hollander, Broker the cost of gas certainly has people not wanting to travel as far.

Jan 26, 2023 05:14 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

So very true, it all is a domino effect. Thank you for the great information in your blog today to share with us here on the Rain.  Make it a terrific day! bill

Jan 26, 2023 05:51 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I can see this . Many live within 10 minutes to the Grocery and Drug Stores !!!

Jan 26, 2023 06:39 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Brian,

I see families where parents are working and they have kids in schools being conveniently located near a grocery store is a real advantage!

Jan 26, 2023 06:41 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

When one domino falls, they all fall down Bill Salvatore - East Valley, I hope that you are having a nice day!

Jan 26, 2023 06:45 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Convenience is a powerful thing Michael J. Perry and I see people pay more for convenience in their life, haha.

Jan 26, 2023 06:46 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Good morning, Dorie Dillard Austin TX schools are another thing that people enjoy being near when they are looking for a home!

Jan 26, 2023 06:47 AM
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Selling the Main Line & Chester County

A very interesting analysis, especially which stores they chose to compare. I also think having a library nearby helps real estate values, or at least in our area it does.

Jan 26, 2023 08:02 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

A library is good too Nick Vandekar, 610-203-4543 and these days libraries have more than just books!

Jan 26, 2023 08:42 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Brian England is a Super interesting article. Aldi is a very popular store and I can see why many people would want to shop there. I still have not been there but many of my neighbors swear by them. Whole Foods and Trader Joe's are very popular also neither of them is close by where I live but Whole Foods will deliver.  

Jan 26, 2023 11:23 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Brian that is interesting data.  First time I have seen this information.

Jan 26, 2023 04:08 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

We don't have Aldi's in my area Hannah Williams although I think one opened up nearby so perhaps more will be coming,  Someone told me that Aldi's is owned by Trader Joe's and we have quite a few Trader Joe's in my area.

Jan 26, 2023 05:10 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I had not heard it before either George Souto but it makes sense to me.  I know that I really like the convenience of having grocery stores near me.

Jan 26, 2023 05:11 PM
Roy Kelley
Retired - Gaithersburg, MD

That is one of the things we like about our community. We have several outstanding grocery stores nearby. 

Jan 27, 2023 01:16 PM