A large proportion of apartment dwellers and managers ranked high-speed internet and Wi-Fi as one of the most important factors when deciding to rent, according to a new survey published Monday.
Around 34 percent of respondents ranked Wi-Fi access as the most important amenity, with high-speed internet coming in second at 25 percent.
Having a washer and dryer within the apartment came in third with only 13 percent of participants saying it’s the most critical feature for apartments, according to survey commissioned by the tech conglomerate Comcast. (RELATED: FCC Fines Comcast $2.3 Million For Allegedly Duping Customers)
Eighty-nine percent of people polled said technology plays an important role when renters decide to sign or renew a lease.
“Residents expect a high-level of services, and in an increasingly competitive rental market, the need to provide new services and upgrade existing ones intensifies,” said Mike Slovin, vice president of XFINITY Communities, the multifamily development services branch. (RELATED: 2016’s Assault On The Internet Was Brutal. Will 2017 Be Worse?)
Thirty percent of respondents said that high quality communication services, like internet, can boost a property’s value by at least 20 percent.
The firm that conducted the survey polled 205 people, including building managers and owners as well as real-estate developers. There is a 5.79 percent margin of error, as well as a 90 percent confidence interval.
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