Posted in Industry News
Charlotte vs. Denver: Which Team’s Home Field Has Higher Neighborhood Housing Value?
Eyes will be glued to televisions across the country this Sunday for the “Big Game” as two of football’s top teams battle it out in the season’s final game. Advertisers pay big bucks for commercials during the game, but what impact do stadiums themselves have on the economy? According to Trulia, homes that are near professional football stadiums tend to be more expensive in sales and rental value.
While both teams will be miles away from their respective home stadiums this Sunday in the Bay Area, we thought it would be interesting to compare some of Trulia’s data that looks at the real estate prices surrounding each team’s home stadium. We’ll leave the game predictions to the industry analysts, but looking at the housing numbers, one home field outperforms the other.
The Bank of America Stadium in Charlotte, N.C., ranks number 9 on the list of stadiums with the highest stadium home values versus regional home values in the area. Denver’s Sports Authority Field at Mile High sits at number 15. Curious about who tops the list? Philadephia. At the bottom? Pittsburgh.
Charlotte had the best record of the season. Maybe Cam Newton was sleeping better than Peyton Manning, knowing his home field might be boosting the neighboring home values.
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