How Starbucks Affects Housing Prices

How Starbucks Affects Housing Prices

published on August 30, 2016 by REI Group: Wade Lester and Marwa Rutherford

Have you heard about the link between Starbucks and the price of real estate? It seems the closer a home is located to a Starbucks, the higher the price for that home.

So what’s the deal? Is being within walking distance to a Starbucks worth paying tens of thousands of dollars above similar homes? There’s got to be more to it than a coffee craving, right?

Check out the phenomenon called “The Starbucks Effect.

What other things affect the price of houses? Let’s meet over coffee and discuss.

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