Sunday, September 3, 2023

Smart folks live close to Starbucks!


 #46  September 9:    According to TikTok, a most reliable source (!@#@$_), there are 3 factors that increase your home’s value, obviously not the only 3.  And these 3 you have virtually no control over, unless they factored into your original purchase:  proximity to a Starbucks, if someone famous lived in the house, and if the house number contains “lucky” numbers.  I found the Starbucks one really interesting.  Statistically according to Tatiana Londono , houses near a Starbucks appreciate faster than those in other neighborhoods. While being within walking distance to a coffee shop is an obvious advantage (to some who like their caffeine!), it has another layer.  Basically, Starbucks has done your research for you, for they do extensive research before placing a store to make sure that the area is vibrant and has potential for growth.  This makes sense.  I’m reminded of 2 “stories”… First back in the early 90’s we were traveling to the beach with 2 other couples, one a recent transplant from LA.  Donna said, “I could sure do with a coffee, stop at the next Starbucks.”  We were in Wadesboro, and we all exploded with laughter as we knew that the “land of Starbucks” was well behind us and we doubted that she would see another one until we returned to Charlotte.  (In fairness, I bet Wadesboro now has a Starbucks.)  And we know firsthand how superstitions and “lucky numbers” can play into real estate decisions.  We had neighbors who bought in our townhouse community because the other townhouse they looked at aligned with a cemetery, and this one had a lucky house number.  When we went to repaint, they insisted on yellow because the other colors were not fung shui!  9/3

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