Home values have risen in recent years across America and in our own backyard in the Southeastern U.S. Some homeowners are cashing in on the trend, selling their homes while the market is high. Others are enjoying the cushion of added equity in their homes, using it to secure home-improvement loans.
But there’s one thing you can do to shore up your home value that is considered safe from market fluctuations and bubbles. And that is having access to high-bandwidth fiber internet.
According to the Fiber Broadband Association, homes with fiber typically see a 3.1 percent increase in home value and up to a 7 percent transaction increase for homes with access to speeds 25 Mbps or higher. If you have Gigabit speeds, add another 1.8 percent.
Since internet is considered a necessity alongside electricity and water service, it’s unlikely to lose value over time. In fact, high-speed broadband fiber internet—the fastest, most versatile internet service available—becomes more valuable as our personal phones, tablets, smart watches and other devices are able to process more content, more quickly.
What would you do with your fiber savings?
Ready to see if fiber is right for you? Check your address for availability here.