Will Google Fiber really increase the property value of your home?

KANSAS CITY, Mo. - Google promises its new fiber will increase the speed of your Internet. It also promises that if you get the new service, it can increase your property value by thousands of dollars.

There are still a lot of questions about what Google Fiber will actually look like once it's up-and-running in homes.

When Google Fiber launched last month, the company promoted a property value increase between $2,000 and $5,000 per home.

"As much as I would love to say that we're going to see prices skyrocket because Google Fiber is coming to these communities, I don't really see it being a factor that's going to make somebody come to this community," said Katie Yeager, CEO of Your Future Address.

Yeager understands how the added value can up the sale price, but she's skeptical of Fiber having as much of an impact as Google says it will.

But Carlos Casas, a team leader with Google Fiber, said the service is a lure for home buyers.

"I heard of a family who is moving from Colorado looking for a house that's fiber-ready now in Kansas City, just because they want to have access to that technology," Casas said at a community meeting at Trinity Community Church in Kansas City, Kan., on Monday.

Dena Begeman wasn't thinking about increasing her property value when she pre-registered for the service and put a sign promoting Google Fiber in her front yard -- she just wanted to get her hands on the new technology.

But she said she could see others moving into the area to get their hands on it as well.

"I think initially...especially for the people who live further out in the suburbs, maybe they will consider buying a house in the city," she said. "After...everyone is hooked up and everything, it probably won't be as big of a factor."

Yeager did say that property value can always increase depending on the school district a home is zoned for -- something to keep an eye on when schools start to qualify for Google Fiber.

But she still cautioned against expecting too much from the Internet service.

"People will love that, but at the end of the day, we don't see that being a decision factor" when buying a home, Yeager said.

You still have until September 9 to pre-register for Google Fiber. You can do so at fiber.google.com.

Print this article Back to Top