Expect more, pay less? When it comes to real estate, does the Target slogan apply? Realty Trac wanted to find out, so they used public records to look at home values, appreciation and property taxes in zip codes to compare the differences between those near a Walmart and Target.
What they found is that houses near a Target store posted far more appreciation - nearly double - than those near a Walmart, but as you'll see in the graphic below is that those homeowners also paid higher property taxes. We asked Realty Trac for the same data for the Twin Cities metro. It shows that in average houses near a Target had a price gain of almost $24,000, or about $2,700 higher than Walmart.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Nation
UN food agency warns that the new US sea route for Gaza aid may fail unless conditions improve
The U.N. World Food Program said Tuesday the new U.S. $320 million pier project for delivering aid to Gaza may fail unless Israel starts providing the conditions the humanitarian groups need to operate safely, after a chaotic launch ended with much of the aid looted and one Palestinian man dead.
Local
Robert Downey Jr. spotted at downtown Minneapolis Target
The "Iron Man" actor was promoting his Happy coffee brand.
Nation
Woman found living in Michigan store sign told police it was a little-known 'safe spot'
A woman who was living inside a sign on the roof of a Michigan grocery store told police it was an ''old safe spot'' known to her family, though she didn't explain why she chose to stay there for a year, according to video of the encounter.
Business
Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer.
Business
Stock market today: Wall Street drifts near its records in another quiet day of trading
U.S. stocks are drifting around their record levels on Tuesday as Wall Street looks to be headed for another quiet day of trading.