paul carter

How does a connected home increase the value of a home The answer to that is not known yet.

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One thing we feel strongly about as we move into the future Our technologies will change, and our businesses will reinvent themselves - but we will be true to three things our customers, people and the community.

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Every house in these communities will have a minimum of established connectivity. So it's a given that the buyer looking at these houses will spend an extra 1,500 to live there. At very high rates, 80 to 85 percent of the buyers are spending up to 3,500. The evidence would suggest at that price point (250,000 to 350,000), people are willing to spend 2,500 to 3,500 for a fairly robust set of (connectivity) features.

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That's why we've been so measured in our approach. Our interest is in what value we bring to market. We need to make it simple. It has to be like the phone. These connected homes have to work like that, otherwise they become somebody's wretched nightmare.

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We started this four years ago to expose high school students to engineering as a career.

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