When buyers are considering the different pros and cons of a home, it may surprise them to learn that proximity to a Target store is a sign the house will appreciate more.
RealtyTrac conducted a study of homeowners who sold in 2015 and had a home near a Target but not a Walmart. They saw an average 27 percent increase in home price since their purchase, compared to 16 percent who sold near a Walmart but not a Target.
The average home near Target is valued at $207,286, 72 percent higher than the average home near a Walmart, valued at $178,249. But it's not all good for those near Target: taxes were more than double that of those near Walmarts.
Read more at Chicago Agent Magazine here.