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Fiber’s Value to Your Home

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home value

We all want to get top dollar when selling a home. We will paint the walls. Redo floors. Remodel kitchens. All of these improvements increase the value of your home. But what about your internet?

Fiber is an attractive selling point in today’s market. We use the internet for more than binge-watching Netflix. It’s used for everything from remote work, telehealth, distance learning and chatting with Great Aunt Margaret on Zoom. Reliable, high-speed internet is a crucial technology that infiltrates every aspect of our lives.

A 2014 study commissioned by the Fiber to the Home Council Americas (FTTH) found that high-speed fiber broadband service, like OEC Fiber, can add more than $5,400 to the value of an average U.S. home.

The study looked at around half a million home sales from 2011 to 2013, U.S Census Data and the U.S. Federal Communications Commission‘s 2012 and 2013 national broadband maps. It examined the relationship between broadband availability and home prices. It found fiber optic internet service can increase the value of a home by up to 3%!

Not only can having fiber add to your home’s value, but access to faster speeds increases it even more. Homes with access to 1 Gbps broadband service sold for 7% more than homes with access to 25 Mbps or lower.

There are no two ways about it. Having OEC Fiber in your home not only gives you access to excellent service, it is an investment that pays dividends well into the future.

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