It's no secret that people love fast internet. Fast internet is the modern day equivalent of electricity. It has been said again and again how valuable fiber optic internet is; home owners love it and businesses need it. It's so valuable that it actually influences whether someone will purchase a piece of property or not.
According to a newly released study by researchers at the University of Colorado and Carnegie Mellon University, a fiber optic internet connection can add $5,437 to the price of a $175,000 home. Similarly to how a school district, neighborhood, and location can influence the attractiveness of your home to potential buyers, so can the internet connection. Many buyers will look at a home's internet connectivity options when they're looking for a home and are willing to pay more for a home with fiber internet.
What is Fiber?
Fiber optic internet transmits data using lightwaves. It's internet at the speed of light, quite literally. The speed at which fiber can transmit data is practically limitless. The fastest speed ever recorded over a single strand of fiber optic cable is 255 Tbps. That's 255,000 Gbps or 255,000,000 Mbps. That's over 15,000,000 times faster than your 15 Mbps cable internet connection.
Why is it so valuable?
Having a fiber optic internet connection provides you with a future proof internet connection that's free of buffering and growth limitations. Fiber internet allows hundreds of devices to use your internet connection concurrently without disrupting your connection. A friend once told me that I'm like a kid in a candy store with my internet. You could stream 4k content on 66 devices at once with a Gigabit internet connection. Blu-ray movies download in just 3 or 4 minutes and songs in less than 1 second. Gigabit fiber internet literally makes you feel invincible.