(MENAFN Press) (EMAILWIRE.COM, November 01, 2012 ) San Francisco, CA-
Fast broadband connection is now ranked over off-street parking and local amenities among Homebuyers in the United Kingdom, according to a new study.
Today's citizens rely on internet so much for both work and leisure, that a strong connection can add 5% to a property's overall value.
That adds a whopping 22,000 value to a house worth nearly 500,000.
Nearly 20% ensure broadband service activated when moving into a new home. It is ensured more than gas and television by nearly double the amount.
Basic electricity to the home is the only utility given higher priority, which stands to reason given that computers must have power to utilize internet services.
Home adverts are now advertising internet connection speeds, as it double the homeowners covet the the housing, ranking high in priority regarding their house-searching criteria.
Over 20% of homebuyers have checked broadband speeds while evaluating overall housing options before they even make it to the front door of a home. Another 10% have rejected home based on poor connection, according to a study conducted, which asked 2,000 homebuyers.
Knowing that a property has quality internet connection is ranked more important than almost every option, even being near to shopping centers, grocery stores, and pubs.
Having access to public transportation and mobile phone signals also were ranked lower than a quality internet connection.
A surprising 54% of individuals considered broadband speeds before moving into a new house, while over one-third of homebuyers looked at crime rate. Speed over safety seems to be the marker of a truly important ideology to homeowners.
The British government recently announced an over 200 million investment to key cities regarding broadband. The country is looking to have the fastest and most reliable broadband in Europe by 2015.
People don't just rely on good internet connection for browsing, but also streaming television and for work from home. Said Miles Shipside from Rightmove.com. As the consumer technologies which rely on internet expand, the need for a strong connection will be added to more home mover wish-lists.
It is a sign of the times, said Rob Delaney, an independent estate agent. He added, We were still really surprised with the results of our trial. We're now displaying broadband speed on all our property details because it is clearly what customers are looking for.