Edge on Demand: Your Perfect Neighborhood Store?

WCCB Edge,

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 As it turns out, having a Starbucks nearby is a sure way to bump up your property value.  The Zillow real estate website crunched the numbers, and they call it the “Starbucks effect”.  

In short, when a Starbucks opens within a quarter mile of your home and given time to appreciate, properties with a Starbucks rise 30 percent more than ones without.  And it’s not because Starbucks targets affluent areas; it’s because people want to buy near a Starbucks.

But not everybody needs a coffee fix, so when you look to move, what one special store do you look for nearby?

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