If you live close to a Starbucks, you already know that it can increase your quality of life via easy access to sweet, sweet Pumpkin Spice Lattes. But -- according to research from Zillow.com -- proximity to a Sbux location means your home's value is higher, too. What's more, data has shown that when a Starbucks moves into a neighborhood, houses appreciate in price at double the standard rate. And faster than neighborhoods with a Dunkin' Donuts.
In 1997, a house that wasn't near a Starbucks would have been worth around $102,000, while one that was would have been worth, on average, around $137,000. In 2014 -- which is post-housing bust -- the non-Starbucks home would have appreciated to around $168,000, or 65%. However, the Sbuxhome would be close to $269,000, or a 96% increase. That's almost twice the value! And think of the abundance of lattes!