Master-planned communities (MPCs) aren’t feasible for everyone. But the people seeking them out expect a world of new and extensive amenities–and they are willing to pay for them.
Despite the premium, new home sales in the top 50 master-planned communities tend to show greater resilience to and recovery from housing market corrections than the overall new home market, according to a recent report from John Burns Consulting. Homes in MPCs have a deep track record of outperforming homes outside an MPC for reasons based on everyday expenses, amenities, location, schools and safety.
Now there's ultra-fast 8-gig fiber
A joint Fiber Broadband Association and RVA LLC survey showed that fiber providers are now at 63 million fiber broadband passings, up 13% over the previous 12 months and 27% over the previous 24 months. RVA forecasts fiber-to-the-home growth of more than $125 billion over the next five years. And now there’s multi-gigabit fast internet being rolled out by Tier 1 internet service providers because of a leap in technology advancement.
By leveraging the fiber global network backbone of Lumen Technologies, the parent company of Quantum Fiber, the company is placing XGS-PON technology at optical line terminals to create a passive optical network which produces symmetric multi-gig capabilities.
Quantum Fiber service is up to 8 symmetrical gigabits — 40 times faster than the average advertised U.S. download speed. (Based on the weighted average advertised U.S. data connection download speed of participating Internet Service Providers of 193.9 Mbps. FCC Measuring Fixed Broadband Eleventh Report, December 2021.)
The benefits of fiber broadband go far and wide. If dreams and plans were limited by bandwidth speed, bogged-down connectivity, questionable reliability, and security, that should no longer be the case.
Next-generation seamless automation and optimal integration of services and features give tomorrow’s technology a chance to become a reality sooner.
How can communities use virtual avatars to provide consistent and timely customer service and facility tours? How can autonomous transportation for pick-ups and drop-offs within the community become a service? What about security detection and community-wide alerts? The ideas can become nearly endless.
A fiber-optic network can easily handle the Internet of Things (IoT) devices present in many modern homes and MPCs. These include home automation systems, security systems, smart appliances, and more. Without a robust connection, these devices can suffer from interruptions and latency issues.
By 2025, the number of connected devices is expected to reach 75 billion, which will open up a world of possibilities for businesses, consumers and governments alike. This statistic is a testament to the potential of the IoT and its ability to transform the way we live, work and play.
Home owners continue to become hungrier for more speed and bandwidth as their live-work-play at home lifestyles accommodate more IoT innovations and digital creature comforts.
Learn more about how Quantum Fiber® Connected Communities can provide customized fiber solutions for apartments and communities.
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