Governor Unveils Broadband Expansion Plan — Impact on Rural Virginia Real Estate

Broadband isn’t just about streaming Netflix or online shopping. It’s tied directly to quality of life and economic opportunity — and that translates into real estate value.

Remote Work and Telecommuting: Since 2020, the ability to work from home has become a top priority for many buyers. A home without reliable internet is often a dealbreaker. Property Value Boost: According to a 2019 study by the Fiber Broadband Association, homes with fiber connections can see a 4% increase in property value. For a $400,000 home, that’s an extra $16,000. Educational Access: Families with children place strong emphasis on connectivity for online learning, homework, and virtual resources. Healthcare Access: Telehealth has become a critical service, especially in rural areas where medical facilities may be far away. In short, broadband access directly impacts buyer decisions — and homes without it often sit on the market longer or sell for less.

Key Benefits of Broadband:

• ✓ Enables remote work and boosts property values
• ✓ Improves educational and healthcare access
• ✓ Attracts more buyers to rural areas
• ✓ Reduces days on market for homes
• ✓ Enhances overall quality of life

The newly unveiled plan allocates funding and partnerships to expand fiber optic infrastructure throughout Virginia’s rural counties. Areas in Southwest Virginia, Shenandoah Valley, and parts of Loudoun, Fauquier, and Prince William counties are expected to see improvements over the coming years.

For rural homeowners, this could mean: More Buyer Interest: Broadband can open your property to a much larger pool of buyers who previously wouldn’t consider rural living. Shorter Days on Market (DOM): Currently, rural homes may sit unsold for 30–60+ days compared to suburban homes at 10–20 days. Improved internet could narrow this gap. Higher Resale Value: Even the promise of broadband expansion — if marketed correctly — can make your property more attractive to tech-savvy buyers.

If you’re a homeowner in rural Virginia, you might be wondering whether to sell now or wait until broadband is fully available in your area. Both options have advantages: Sell Now: Market your property by highlighting the upcoming broadband expansion. Buyers will see it as a future upgrade without having to bear the cost themselves. Sell Later: Waiting until the infrastructure is in place could allow you to price your home higher, since the “connectivity barrier” will be gone. Either strategy can work — what matters is aligning your timing with your financial goals.

Broadband doesn’t just affect “techies” — it influences nearly every type of buyer. Remote Workers: Many professionals in Washington, D.C. and Northern Virginia are considering relocating further out to save on housing costs. Broadband makes this move possible without sacrificing career flexibility. Families with Children: Parents prioritize access to reliable internet for schoolwork, online tutoring, and extracurricular programs. Retirees: Seniors increasingly rely on telehealth services, online banking, and staying connected with family. Broadband can make rural retirement living more practical. Investors: Investors looking at short-term rentals (Airbnb/VRBO) know that guests expect strong Wi-Fi. Broadband-ready rural homes can command higher rental rates.

Loudoun County: While parts of Loudoun are highly developed, its western rural side still struggles with connectivity. Expansion there could unlock hidden value in farmland and estates. Shenandoah Valley: Broadband could attract new buyers seeking affordable second homes while working remotely. Southwest Virginia: Once considered too remote for many buyers, these areas could see a surge in interest if connectivity improves.

Key Local Influences:

• ✓ Loudoun County farmland value boost
• ✓ Shenandoah Valley second homes
• ✓ Southwest Virginia surge in interest
• ✓ Overall rural market growth
• ✓ Alignment with state initiatives

If you’re planning to sell in the next 1–2 years, here are some steps to take: Stay Updated: Follow announcements about broadband expansion in your county. Buyers will want specifics. Highlight Connectivity in Marketing: If your area is already scheduled for broadband, make it part of your listing description. Example: “Fiber broadband installation underway — high-speed internet expected in 2026.” Price Strategically: Work with a local real estate agent who understands how connectivity impacts home values in your specific area. Invest in Interim Solutions: If selling before expansion is complete, consider temporary upgrades like satellite internet or fixed wireless. Even short-term solutions can reassure buyers.

Preparation Tips:

• ✓ Stay updated on expansion news
• ✓ Highlight broadband in listings
• ✓ Price strategically with agent help
• ✓ Consider interim internet solutions
• ✓ Align with market trends

Whether you sell now or later, our 1.5% full-service listing program ensures you keep more equity in your pocket. Here’s what we provide: Professional marketing to highlight your home’s strengths — including broadband expansion benefits. Local expertise in rural Virginia markets, from Loudoun to Culpeper and beyond. Negotiation strategies to maximize your net proceeds. Cost savings: On a $400,000 sale, you could save $6,000 compared to a traditional 3% commission. Selling your home is about timing, strategy, and maximizing value. Broadband expansion is one of the biggest shifts rural Virginia has seen in decades — and it could be your opportunity to sell smarter.

Program Benefits:

• ✓ Professional marketing with broadband focus
• ✓ Local rural market expertise
• ✓ Strong negotiation for max proceeds
• ✓ Significant cost savings
• ✓ Tailored to rural sellers
• ✓ Full-service support