Smart homes are the future, and they are here to stay. With the advent of smart home technology, homeowners can now enjoy a plethora of benefits that were once unimaginable. One of the most significant advantages of smart homes is that they can increase the resale value of your home. In this post, we will explore how you can unlock the smart home advantage and boost your home’s value.
According to a report by NerdWallet, making your house more energy-efficient, adding square footage, upgrading the kitchen or bath, and installing smart-home technology can help increase its value . Smart home technology is one of the most desirable qualities in a home on the market, according to the Forbes Real Estate Council. Smart home devices like video doorbells, smart lights, and smart thermostats are becoming increasingly popular, especially during the pandemic . People are willing to pay more for homes outfitted with smart home devices . Smart security systems topped the list of desirable smart home features . Homebuyers prioritize safety and convenience, and smart home features may signal to buyers that the home is updated and may have other desirable traits, upgrades, or features.
A green, energy-efficient home is high on the priority list for homebuyers. Consumers are willing to spend more on environmentally-friendly features that can possibly save them money in the future, like smart home thermostats and solar roof tiles . Smart home modifications don’t necessarily have to be elaborate or pricey. Many affordable home automation devices are both aesthetically pleasing and easy to use . The video doorbell is a great example of a demonstrable smart home automation device that’s both desirable to homebuyers and easy to use .
Inexpensive tech on Amazon such as smart thermostats and smart home security systems can make your home stand out, and you won’t have to shell out thousands of dollars to make your abode shine . Having devices such as smart thermostats, smart smoke detectors, and home security systems have not only proven to increase a home’s value but may also help sell the home faster . Smart home systems are now being factored into appraisals for home sales.
Smart home technology is a great way to increase the resale value of your home. Smart home devices like video doorbells, smart lights, and smart thermostats are becoming increasingly popular, especially during the pandemic. Homebuyers prioritize safety and convenience, and smart home features may signal to buyers that the home is updated and may have other desirable traits, upgrades, or features. A green, energy-efficient home is high on the priority list for homebuyers.
Furthermore Here Are Some Of The Key Smart Home Products That We Can Use Enhance Its Value Proposition
Turning your home into a smart home can be an exciting and rewarding project. Here are the key points to consider, along with some essential products that can add value to your smart home setup:
#1 Smart Assistant / Hub
Purpose: Central control unit for all smart devices.
Products: Amazon Echo (Alexa), Google Nest Hub, Apple HomePod (Siri).
#2 Smart Lighting
Purpose: Energy-efficient, customizable lighting solutions.
Products: Philips Hue, LIFX bulbs, Yeelight.
#3 Smart Thermostats
Purpose: Energy-saving, remote temperature control.
Products: Nest Thermostat, Ecobee, Honeywell Home.
#4 Smart Security Systems
Purpose: Enhanced home security with remote monitoring.
Products: Ring Video Doorbell, Arlo Pro cameras, SimpliSafe security system.
#5 Smart Locks
Purpose: Keyless entry and remote access control.
Products: August Smart Lock, Schlage Encode, Yale Assure Lock.
#6 Smart Speakers and Displays
Purpose: Voice control and visual interface for smart home.
Products: Amazon Echo Show, Google Nest Audio, Sonos One.
#7 Smart Plugs and Switches
Purpose: Control non-smart devices remotely.
Products: TP-Link Kasa Smart Plug, Wemo Smart Light Switch.
#8 Home Automation Software
Purpose: Integrating and automating various smart devices.
Products: IFTTT, Samsung SmartThings, Home Assistant.
#9 Smart Home Entertainment
Purpose: Streaming and voice-controlled entertainment.
Products: Chromecast, Amazon Fire TV, Sonos sound systems.
#10 Smart Appliances
Purpose: Enhanced convenience and efficiency in household chores.
Products: LG SmartThinQ appliances, Samsung Smart Fridge, Robotic vacuums like Roomba.
#11 Network and Connectivity
Purpose: Ensuring strong and secure Wi-Fi for all devices.
Products: Mesh Wi-Fi systems like Google Nest Wi-Fi, Netgear Orbi.
#12 Energy Management
Purpose: Monitoring and reducing energy usage.
Products: Smart energy monitors, smart window shades.
#13 Smart Sensors
Purpose: Detecting environmental changes and activity.
Products: Motion sensors, smoke detectors, water leak sensors.
#14 Voice Control and Integration
Purpose: Seamless integration and control of devices via voice commands.
Products: Integration with Siri, Alexa, or Google Assistant.
When setting up your smart home, it’s important to ensure that all devices are compatible with each other and with your chosen smart hub. Additionally, consider the security of your smart home network to protect against unauthorized access.
Smart home modifications don’t necessarily have to be elaborate or pricey. Many affordable home automation devices are both aesthetically pleasing and easy to use. Inexpensive tech such as smart thermostats and smart home security systems can make your home stand out, and you won’t have to shell out thousands of dollars to make your abode shine. So, if you’re considering selling your home, consider investing in smart home technology to boost your home’s value.