Technology

Internet speeds may increasingly affect property values

Survey lends some credence to Google's claim about Google Fiber

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Can the speed of a home's Internet connection affect its value? At least in Britain, the answer appears to be "yes." That's according to an online survey conducted by ISPreview.co.uk, an Internet-technology information website serving the United Kingdom. Nearly three-quarters of respondents said they would turn down an otherwise ideal home if its broadband speed was too slow, while close to a quarter said they'd negotiate a lower price on the home. Only 5 percent said they weren't concerned with a home's broadband performance. The results of the survey, which received 2,119 responses, likely exaggerate the influence of Internet speeds on homebuyers' thinking and property values. It was administered only to ISPreview.co.uk readers, a group that probably cares much more about broadband speed than people who don't read a website devoted to covering Internet technology. Nonetheless, the study highlights a property characteristic that may impact a home's ...