Homeowners near the proposed site of a Church of Jesus Christ of Latter-day Saints temple in Gilbert could see their property values increase, even in this depressed real-estate market.

As the focal point of the Mormon faith, a new temple tends to raise property values because church members like to live nearby. And for those outside the faith, temples have a reputation of being good neighbors and can anchor the long-term quality of an area.

The newest LDS temple in the U.S. opened in August in Twin Falls, Idaho. As has happened elsewhere, lots around the temple are now bringing higher prices than other places in the city.

Read the full story via MormonTimes.com