According to telecommunications giant Telus, 39% of Canadians are willing to pay more to have a home in an area with top-of-the-line connectivity. That means a high-speed, large-capacity fibre-optic network. Of that 39% willing to pay more, 25% of those say they'd pay as much as $5,000 more, 13% indicate that they would possibly pay as much as $10,000 more, and 6% of those say they'd go up to $10,000 more for a house in a neighbourhood with fibre-optic service.
Armed with those statistics, Telus undertook a $140-million project to provide super-fast Internet to every household in Kelowna and the area, including the other side of the lake in West Kelowna. What's this mean for real estate? People looking to maximize the value of their homes for sale
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