In short, the answer is yes. In today’s digital world, having fast and reliable internet is crucial. As remote work, online learning, and streaming become everyday needs, the demand for better internet has grown exponentially over the last decade.
Fiber internet boosts home value by delivering the gigabit speeds consumers crave. Properties equipped with this cutting-edge technology appeal strongly to buyers, often commanding higher prices. Whether you’re planning to sell soon or making a long-term investment, upgrading to fiber is a smart move that future-proofs your home’s connectivity and meets modern digital demands.
The Growing Demand for Fiber Internet
High-speed internet is now a must-have in the real estate market. Homes with Gigabit speed internet can sell for up to 3.1% more than homes without it, says the Fiber Broadband Association. To put this into perspective, the median home price in the Bay Area as of May 31, 2024, is $1,183,272 (according to Zillow.com). This statistic implies that having a Gigabit internet connection could increase a home’s value by approximately $36,681!
Several factors drive this higher value:
- Remote Work: The COVID-19 pandemic has made remote work more common. Many people now want homes with fast and reliable internet to stay productive.
- Smart Home Devices: IoT gadgets like smart cameras and thermostats need strong internet connections. Gigabit internet supports these devices well, making homes more appealing to tech-savvy buyers.
- Streaming and Entertainment: Many people are moving from cable TV to streaming services like Netflix and Hulu. Homes with Gigabit internet offer a better streaming experience.
- Online Education: More schools offer online courses, and homeschooling is becoming more popular. Families need reliable internet for their children’s education.
Why This Matters for Multifamily Properties
At Sail, we bring our fiber network to multifamily communities and provide Gigabit, symmetrical speeds. Here’s why Gigabit internet is important for these groups:
- Apartment Owners and Managers: Tenants want fast download — and upload speeds. Offering superior internet downloads and upload speeds at your property is more attractive, helping you keep current tenants and attract new ones.
- Condo Owners and HOAs: Gigabit internet is a game-changer. It can increase the resale value of units and boost the community’s appeal, reassuring us all that we’re making a sound investment in our community’s future.
- Better Living Experience: Reliable, fast internet helps residents with remote work, online learning, and streaming.
- Competitive Edge: In a crowded rental market, reliable fiber internet can set your property apart. It’s a modern amenity that many renters look for.
Fiber Internet as a Long-Term Investment
Installing high-speed internet is a smart long-term investment for your property. Here’s why:
- Future-Proofing: Fiber technology can handle future increases in internet use and speed needs.
- Competitive Edge: As more homes get Gigabit speed internet, properties without it may fall behind. Staying ahead gives your property a boost.
- Increased Marketability: Properties with more choices for fast, reliable internet attract more buyers, especially those who need good internet for work, education, or entertainment.
Why Choose Sail Internet?
At Sail, we’re redefining the internet service provider experience. Sail Internet offers the reliable, lightning-fast fiber internet you’ve always dreamed of, without contracts, hidden fees, or surprises. Our innovative approach combines the power of our extensive fiber network with cutting-edge wireless technology to deliver Gigabit speeds to communities that were previously underserved with limited options.
By leveraging a combination of next-generation fiber and wireless technology, Sail connects communities to our robust fiber backbone, where we can provide fiber internet quickly and efficiently. This approach allows us to scale easily, offer rapid installation, and support intensive applications like video conferencing and streaming. Whether you’re a business or residence, Sail Internet brings you the speed and reliability of fiber, even in areas where traditional wired networks have fallen short.
Voted a Neighborhood favorite by Nextdoor users in 2023 and among the highest-rated ISPs in the San Francisco Bay Area and Silicon Valley, we connect you with the best internet experience. Our mission is to make the internet accessible and affordable, bridging the digital divide and empowering customers to break free from big cable with stellar customer service. Join the many satisfied customers who have made the switch to Sail Internet today!
Summary
Yes, Fiber internet increases home value. Homes with faster internet speeds and more options are more attractive to buyers and can sell for higher prices. Whether you plan to sell soon or want a smart long-term investment, upgrading your property’s internet is a wise choice.
Boost your property’s value and appeal with Fiber internet. Upgrade your connectivity today for a smarter, more valuable home with Sail Internet.