Live near Walmart or Target? Retail impact on property valuesLive near Walmart or Target? Retail impact on property valueshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=130232016-05-10T05:00:00Z2016-05-10T21:15:00Z

​SAN ANTONIO - From the late-night grocery stops to the last-minute toilet-paper runs, convenience isn't the only advantage homeowners benefit from in living near a superstore.

According to a RealtyTrac report that looked at 27 zip codes throughout the San Antonio-New Braunfels area, homes near a Target posted stronger value appreciation and sales prices than homes next to a Walmart.

When it came time to sell, homeowners next to one of the local Targets saw a 22 percent appreciation.

This posted an average increase of more than $45,450 in price of the home compared to when first purchased.

Walmart​-area residents, on the other hand, saw an 18 percent appreciation and average increase of $27,624.​​​

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2016/04/27/live-near-a-wal-mart-or-target-how-the-retailers.htmlRead more at {Source}

 Search NewsTalk Texas