Survey: Fiber-Optic Internet Appeals to Home Buyers

Daily Real Estate News | June 30, 2009

A national study of broadband Internet consumers concluded that 82 percent of home buyers who previously have had Internet delivered via fiber-optic connections say it is an amenity they would pay extra to have.

Of those Internet users who haven’t had fiber-optic to their homes, 70 percent rank it as an amenity they would like to have.

The message to the real estate market is to put a sign on the lawn and a line in your ad saying, This place has fiber, says Joe Savage, president of the Fiber-to-the-Home Council. When end-to-end fiber broadband service tops green space, a security patrol, a community pool, a park, or a fitness center among sought-after amenities – and this survey shows that it does – then it's a real factor.

RVA LLC Market Research and Consulting conducted this survey for Verizon.

Source: Verizon