Living near Trader Joe's is better than you think.

Who would have guessed that Trader Joe's would have more of an impact on the value of your home than Whole Foods?  And it has nothing to do with the variety of organic produce or which place has cheaper edamame hummus. A study done by RealtyTrac, proved just this! 

The study shows that homeowners who live near a Trader Joe’s have seen an average 40% increase in home value since they purchased, compared with 34% appreciation for homeowners near a Whole Foods.

Realtytrac based its analysis on home values and property taxes for approximately 1.7 million homes, condos and co-ops with at least one Whole Foods store nearby but no Trader Joe’s, and 2.3 million homes, condos and co-ops with at least one Trader Joe’s in the area but no Whole Foods.

Average current home values were compared with average home values at the time the home was last purchased.

The study also shows that homes near a Trader Joe’s have a higher value on average — $592,339, or 5 percent more, than the $561,840 average value for homes near a Whole Foods. Crazy, right?

RealtyTrac’s figures also show that homeowners near a Trader Joe’s pay an average of $8,536 in property taxes each year compared with the $5,382 average for homeowners near a Whole Foods. The upside to this? Cheap wine. 

Who woulda thunk?