For the last few years I have been watching Emporia, Kansas as ValuNet Fiber was starting to roll-out their fiber network. They kept talking about better Internet speeds and value they were going to bring Emporia. I would see them slowly roll-out one neighborhood at a time. Then they would light up another neighborhood, then another for the next two years. The value they brought was more than the cost of the Internet. It was adding value to real estate and lives. It changed the way people lived and did business in Emporia, Kansas. ValuNet had a section on their website ‘Is Your Neighborhood Lit?” their website traffic started increasing daily. Then I noticed something Realtors® were being asked ‘Does this house have ValuNet?’ Buyers want faster Internet period. The same thing is happening in Coffey County, Kansas home buyers want faster and reliable Internet speeds. MT Networks another fiber provider is working on lighting up Burlington, Lebo, LeRoy, New Strawn, and Waverly. I work from home so fast Internet is extremely important to me, no one likes slow moving cable. It’s all about (FTTH) Fiber-To-The-Home.
The real estate business used to be all about ‘location, location, location’ but things have changed dramatically over the years. The ‘location’ principle is no longer as important because of changing times and priorities. The Internet has become one the most important aspects of our daily life. People no longer have to be within short distances in order to communicate with each other. Work collaboration can be done online through internet. Easy access to these communication tools are what most people look for when deciding on real estate nowadays. Today, commercial and residential property tenants consider high speed internet and cloud access as a non-negotiable factor in choosing prime real estate. Landlords can keep a leg up on their competition by pushing for more accessibility to Fiber-optic internet connections in their properties.
Studies released by the Fiber To The Home Council Americas (FTTH) have shown that access to a fiber-optic Internet connection can increase a home’s value by up to 3.1%. The FTTH goes on to say that the value of having Fiber Internet accessibility is equivalent to that of adding a fireplace or a quarter of a swimming pool to a home. Additionally, a property’s value is shown to increase by 1.8% for properties that have access to Internet connectivity speeds of 1GBs or more compared to those with only 100MBs.
Even landlords and property owners where Fiber Internet is limited can help their properties by capitalizing on this untapped resource. They have the opportunity now to sink their competitors by offering Fiber Internet access in their properties.
Increasing the value of your residential and/ or commercial property is as easy as calling your local Fiber Internet Service Provider, their specialists are ready to assist you, should you have any questions or clarifications regarding Internet services (Ask For FTTH). Get started on leaving your real estate competition in the dust.