RealtyTrac: Metairie Trader Joe's may boost home values - FOX 8 WVUE New Orleans News, Weather, Sports, Social

RealtyTrac: Metairie Trader Joe's may boost home values

RealtyTrac: Metairie Trader Joe's may boost home values

According to researchers at RealtyTrac, homes near Trader Joe's stores increase in value as much as 40 percent.  (Source: WVUE Photo) According to researchers at RealtyTrac, homes near Trader Joe's stores increase in value as much as 40 percent. (Source: WVUE Photo)
METAIRIE, LA (WVUE) -

People who live near the site of a future Trader Joe's in Metairie may benefit from the store in an unexpected way.

According to researchers at RealtyTrac, homes near Trader Joe's stores increase in value as much as 40 percent. The researchers compared the average of current home values to the average of home values at the time the home was last purchased.

Trader Joe's is a market known for it's affordable specialty items.

The company plans to open a store at the corner of Veterans Boulevard and Labarre Road before the end of 2016.

Copyright 2015 WVUE. All rights reserved.

  • Local NewsMore>>

  • Audubon's Cool Zoo and lazy river open next month

    Audubon's Cool Zoo and lazy river open next month

    As the weather heats up, the Audubon Nature Institute announced plans to reopen its two popular water attractions. 

    more>>

    As the weather heats up, the Audubon Nature Institute announced plans to reopen its two popular water attractions. 

    more>>
  • NOPD searching for woman in connection with theft of wedding rings

    NOPD searching for woman in connection with theft of wedding rings

    25-year-old Mary Arceneaux (Source: NOPD)25-year-old Mary Arceneaux (Source: NOPD)

    The New Orleans Police Department is asking for the public’s help locating a woman in connection with a theft on March 14. 

    more>>

    The New Orleans Police Department is asking for the public’s help locating a woman in connection with a theft on March 14. 

    more>>
  • Audubon Zoo opossums celebrate 2nd birthday...with cake!

    Audubon Zoo opossums celebrate 2nd birthday...with cake!

    Tohbi and Lusa, Audubon Zoo's resident opossums, turned two years old on Monday.

    more>>

    Tohbi and Lusa, Audubon Zoo's resident opossums, turned two years old on Monday.

    more>>
Powered by Frankly