Zoocasa
Real Estate Sold Prices
Calculator
Map
Property Trends & Insights
  • Blog Home
  • For Buyers
  • For Sellers
  • Real Estate News
  • Mortgage News in Canada
  • Free Guides (PDF)
  • Real Estate Infographics
  • Real Estate News
Zoocasa
Home Affordability Reports

The Reverse Latte Effect: Home Prices Near Starbucks in Hamilton [INFOGRAPHIC]

Zoocasa by Zoocasa
November 30, 2017
in Affordability Reports, Infographics, Real Estate News
1 min read
Home Prices Near Starbucks in Hamilton
Share8
Tweet
Share22
30 Shares

What indicates a hot new neighbourhood? While there are a number of factors behind home price appreciation in specific areas, one noted phenomenon is the “Starbucks Effect”, an observation that wherever the coffee giant sets up shop, real estate prices surge.

But can the emergence of the familiar green and white siren logo always predict higher values with certainty? Not in every case, finds the latest data from Zoocasa. We analyzed freehold home sales from the REALTORS® Association of Hamilton-Burlington from January to October 2017 to see if there’s a premium for living closer to the coffee chain – and found that when it comes to Hamilton real estate, it’s actually $17,000 to $376,000 cheaper to live closer to a Starbucks in the Hammer. No need to cut back on lattes to save for that down payment!

Check out how the Starbucks Effect impacts home prices in each Hamilton neighbourhood in the infographic below:

Home Prices Near Starbucks in Hamilton

Home Prices Near Starbucks in Hamilton INFOGRAPHIC

Previous Post

What Property Managers Look for in Tenants

Next Post

A National Rental Shortage, Vancouver’s Foreign Buyer Ban, and How Legal Pot Could Impact Your Resale Value: Weekly Real Estate News Recap

Zoocasa

Zoocasa

Zoocasa.com is a full-service brokerage that offers advanced online search tools to empower Canadians with the data and expertise they need to make more successful real estate decisions. View real estate listings on zoocasa.com or download our free iOS app.

Related Posts

Entering a Balanced Market Spells Relief for Many Buyers: CREA
Infographics

Entering a Balanced Market Spells Relief for Many Buyers: CREA

May 16, 2022
Now is the Time to Sell: Durham Cities Currently Have the Shortest Average Property Days on Market
Real Estate News

Now is the Time to Sell: Durham Cities Currently Have the Shortest Average Property Days on Market

May 12, 2022
Great News for Buyers – Home Prices are Dropping in the GTA: TRREB
Affordability

Great News for Buyers – Home Prices are Dropping in the GTA: TRREB

May 4, 2022

Blog Search

No Result
View All Result

Recent Articles

Five Fixes to Maximize Property Value Before Selling Your Home

Five Fixes to Maximize Property Value Before Selling Your Home

May 20, 2022
The Most Viewed Homes in April 2022

The Most Viewed Homes in April 2022

May 18, 2022
Entering a Balanced Market Spells Relief for Many Buyers: CREA

Entering a Balanced Market Spells Relief for Many Buyers: CREA

May 16, 2022
New Owner of the Cheapest Home in GTA has Big Plans for Her “250 Square Feet of Paradise”

New Owner of the Cheapest Home in GTA has Big Plans for Her “250 Square Feet of Paradise”

May 13, 2022
first-time home buyer programs and rebates

Featured Listings (Updated Weekly)

Updated: 7 Houses Under $900,000 For Sale in Mississauga

Updated: 7 Houses Under $900,000 For Sale in Mississauga

May 11, 2022
Hidden Gems in London, ON Currently Listed for Sale Under $540,000

Hidden Gems in London, ON Currently Listed for Sale Under $540,000

May 6, 2022
Updated: Cheapest Toronto Homes Currently Listed for Sale Under $1,000,000

Updated: Cheapest Toronto Homes Currently Listed for Sale Under $1,000,000

May 3, 2022
The Cheapest Toronto Condos Currently Listed for Sale Under $600,000

The Cheapest Toronto Condos Currently Listed for Sale Under $600,000

May 2, 2022

Social Media

Newsletter Sign-up

Join a community of 130,000+ subscribers. Don't miss important real estate news, market data, and buying and selling tips.

About Zoocasa

Zoocasa.com is a full-service brokerage that offers advanced online search tools to empower Canadians with the data and expertise they need to make more successful real estate decisions.

Newsletter Sign-up

Join 130,000+ weekly subscribers. Don’t miss important real estate news, market data, and buying and selling tips: sign-up here.

Social Media

Zoocasa Tools

MLS Listings Canada
Search Sold Listings
iOS App
Android App
Find an Agent
Contact Us

  • Homes & Real Estate Properties
  • Terms of Use
  • Privacy Policy
  • Contact Us

© 2015 - 2022 Zoocasa Realty Inc., Brokerage

  • Blog Home
  • For Buyers
  • For Sellers
  • Real Estate News
  • Mortgage News in Canada
  • Free Guides (PDF)
  • Real Estate Infographics
  • Real Estate News
No Result
View All Result

© 2015 - 2022 Zoocasa Realty Inc., Brokerage