Dallas Real Estate Question: Do Great Grocery Stores Improve Home Values?
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Update:, 3:46pm: A commenter on FaceBook tells me Central Market first opened in Fort Worth, then Dallas. Wonder why?
I ask because of the progress I see over at the new Central Market coming in to Preston Royal. Clearly, having Whole Foods at Preston Forest has made our lives in this neighborhood eons better. Now Trader Joes is coming to us first over on South Hulen Street in Fort Worth (Fort Worth first, huh?) and word is they will also be opening a store at Walnut Hill and Central. TJ also allegedly wants the current Lamps Plus building on Knox, and will probably get it when the LP lease is up next year. That will be GREAT for those homeowners. My fingers are firmly crossed for all of these!
So I ask you: does it improve property values to have a proliferation of great grocery stores in the neighborhood?
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I'm not sure if they necessarily improve values, but close proximity to an upscale grocery store probably makes a home more appealing to buyers.
I'm not sure if they necessarily improve values, but close proximity to an upscale grocery store probably makes a home more appealing to buyers.
No doubt ! Look at what whole foods in lakewood has done.
No doubt ! Look at what whole foods in lakewood has done.
I wonder how the closure of the Whole Foods on Greenville affected the home prices in the area? There are still several grocery stores in close proximity to the area, but the proximity to Whole Foods seemed to be a huge selling point a few years ago.
I wonder how the closure of the Whole Foods on Greenville affected the home prices in the area? There are still several grocery stores in close proximity to the area, but the proximity to Whole Foods seemed to be a huge selling point a few years ago.
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[…] darn giddy with excitement, I had to go search and see if I really did tell you this, and I DID!!!, last November when Central Market was under construction at Preston Royal. I had heard from a relia… was going to plant its second or third Dallas store at the northwest corner of North Central […]
[…] darn giddy with excitement, I had to go search and see if I really did tell you this, and I DID!!!, last November when Central Market was under construction at Preston Royal. I had heard from a relia… was going to plant its second or third Dallas store at the northwest corner of North Central […]