We all love the convenience of online shopping, but there's something special about supporting the businesses right in our backyard. All too often the convenience of online retailers and big-box stores wins out when we get busy, but here’s why hitting up your local shops is a smart move for you, your community and the environment. And of course, as your trusted local real estate agents, we will explain how shopping local positively impacts your real estate values.
1. Boosting the Local Economy and Creating Jobs for Your Neighbors
When you spend money at a local shop, more of that cash stays in the community. Here's a surprising fact: only about $1 of every $100 spent on Amazon goes back into local pockets whereas about $68 of every $100 spent at a local small business stays in your community. Local businesses often buy from other local businesses, and that keeps the money circulating nearby. This helps to grow other businesses and keeps the local economy buzzing. Plus, a thriving economy can make your area more attractive to potential homebuyers, which is great news if you’re thinking about selling your home someday. Local shops are also job creators. By supporting them, you’re helping to provide jobs for your neighbors, which can lead to a more stable and prosperous community for all.
2. Adding Character to Your Community
Local businesses give your neighborhood its unique vibe. They’re run by folks who live in the area and care about its future. This can also mean better customer service and a more personalized shopping experience. A neighborhood with cool, unique character can be a big draw for people looking to buy a home.
3. Encouraging Local Innovation
When you shop local, you’re supporting entrepreneurs who are passionate about their products and services. This support encourages creativity and innovation, leading to new and exciting businesses.
4. Being Kinder to the Environment
Local businesses usually have a smaller carbon footprint than big chains. They often source their products locally, which means less transportation and packaging. Plus, local shops are often in town centers, which means less driving and pollution. We can all benefit from healthier environment locally and beyond.
5. Boosting Property Values
A bustling local business scene can actually increase property values. When a community is known for its cool shops and eateries, it becomes a more desirable place to live. This can drive up demand for homes in the area, which is great if you’re a homeowner.
Wrapping It Up
Shopping local isn’t just about feeling good—it benefits you, your community and the environment. By supporting local businesses, you’re investing in your neighborhood’s future and boosting your own property value. So next time you need to shop, think about swinging by a local store. You’ll be helping your community thrive and making a smart investment in your own backyard.