Smart Home Technologies to Boost Property’s Value
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Upgrading is always a good idea, whether you’ve just bought a new home or plan to sell your current one. Investing in Smart Home Technologies in a home you plan to live in for years to come is a necessary and enjoyable task. Also, if you want to sell, brushing up on your home features will help you get the price you want. Of course, not all home improvements are equal. Sometimes, it’s just a matter of making your rental feel like home and suit your taste and wishes.
However, it’s always best to combine the useful and the pleasant in the long run and focus on changes that will boost your property’s value and appeal. Smart home technologies can help you do exactly that. Here are some of the best smart home ideas to enhance your home’s value and make it more appealing and attractive.
How do smart home technologies boost your home’s value?
When planning an NYC relocation, you’ll hire reliable realtors, top movers, and other experts in the field. You know you can always count on specialists to ensure everything goes smoothly. Likewise, always rely on the real estate agent’s knowledge and expertise when upgrading your property. They are familiar with the trends in the real estate market and can offer valuable insights on which home upgrades yield the best return on investment (ROI).
And smart home technologies are at the top of that list. Whether you’re selling your home or not, smart homes provide many benefits both for homeowners and buyers:
- Comfort and convenience – home automation makes everyday tasks simpler and turns your home into a pleasant and functional place
- Better energy efficiency—While installing innovative features requires some investment, you can save money and be more eco-friendly in the long run.
- Safety and security – smart security features, such as cameras and apartment entry systems, will enhance your home’s value and make you feel safer in your own home.
- Flexibility and customization—innovative features allow you to choose and adjust home lighting, temperature, and many other features to suit your needs.
Caption: Smart home technologies will make your property stand out from the crowd
Smart home technologies will make your property stand out from the crowd
What smart home features are home buyers looking for?
Firstly, let’s define what a smart home is. It’s a property with a home setup that allows owners to remotely control appliances and devices via a smartphone or networked device through an internet connection. Today, a variety of innovative features are available for installation in your home.
However, while adding any of them will help you write a better home description for sale, not all are equally desirable. Most homebuyers will focus on home security and features that enhance the everyday quality of life, such as temperature regulation and entertainment options. As a result, these features drive higher prices on the market and yield higher returns on investment (ROIs).
Smart security features
Smart doors with no physical key, locks with fingerprint readers, and cameras will significantly increase your home’s safety (and value). Forget about keys, chains, and spare keys. Instead, you can use WiFi or Bluetooth to operate smart front doors via a smartphone.
They automatically detect when you arrive home and open for you. Additionally, you can select trusted guests, such as family or friends, and automatically program your smart door to grant them entry. So many buyers are interested in this feature.
Smart thermostats
Another popular feature is a smart thermostat. This device enables you to control the temperature and reduce your energy bills by increasing the energy efficiency of your home. It automatically adjusts temperature settings (cooling and heating) for optimal performance.
It knows when you’re at home or away and adjusts the temperature accordingly. Additionally, you can customize it to suit your preferences, depending on the time of day or the room you’re in.
Smart lighting
Bright lighting is another feature that buyers are looking for, enabling you to boost your property’s value. These light fixtures and light bulbs feature special software that allows them to enhance the lighting in your home, and this software connects to an app, a smartphone, or another device.
As a result, these lights automatically sense and react to their environment. Depending on your preference, you can automate the lighting settings (based on your daily routine) or adjust them remotely whenever you want.
Caption: Do a bit of research and choose the proper smart devices for your home
A woman exploring smart home features
Smart smoke/carbon monoxide detectors
Nothing is more important than your home’s safety. Smart locks and doors can protect your home from external dangers, but other smart devices can also safeguard it from internal threats. This puts bright smoke and carbon monoxide detectors among the most popular smart home technologies.
Even when you’re away from home, these detectors will alert you to smoke, fire, carbon monoxide, and malfunctioning appliances that can be dangerous to your home.
Smart irrigation systems
If you have a yard, smart sprinklers, and similar irrigation systems, it will help you increase your property’s curb appeal and its value on the market. These systems automatically tailor watering schedules and run times to match the weather conditions and the specific needs of the landscape. Your lawn and garden will always look lush and beautiful with minimal effort.
Caption: Smart sprinklers will boost your curb appeal
Smart sprinklers will boost your curb appeal
Smart appliances
Appliances such as smart washers, dryers, or refrigerators are always excellent additions to your home. Professionals at Verified Movers recommend considering the addition of some of these appliances to your new home before you begin searching for the best NYC moving company.
They help you save energy, time, money, and the environment. You can schedule run times to suit your needs, make the most of cheaper off-peak energy, and do all that remotely.
Smart solar panels
Solar panels are a good solution for modern homes already. They belong to the green home features that increase your home’s value, help you save money, and protect the environment simultaneously.
But smart solar panels are even better! Besides providing renewable, clean energy, they allow you to monitor their performance and visualize the data. This information will enable you to minimize electricity consumption, thereby increasing your return on investment.
Make the most of your home by including innovative features
The popularity and demand for smart homes continue to grow. That’s because smart home technologies have many benefits. From making your home comfier and more appealing to increasing its value, installing innovative features is an excellent idea for all homeowners.
Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.
