With the changing real estate market, one aspect has become increasingly obvious: technology is revolutionizing how we live and purchase homes. Smart features of homes are no longer only available for high-end homes; they are now a desirable feature that appeals to most homebuyers.
At PropertiesEverywhereltd.com, we realise that including the appropriate smart features can add a lot of value to your property, raise buyer interest, and even accelerate the selling process. Whatever you are, whether an owner occupier who wants to sell, a property developer, or an investor wanting long-term yields, including smart technology is a strategic step that you would be remiss to neglect. Below are some of the most sought-after smart home functionalities that have been proven to add value to property, and why.
1. Smart Home Security Systems: Mind Security That Buys
Homebuyers always prioritize security and safety first. A smart home security system is the latest, remotely activated security that trumps yesterday’s locks and alarms.
Key Features to Be on the Lookout For:
- Video doorbells (e.g., Ring or Nest Hello)
- Smart locks with fingerprint or smartphone access
- Motion-detecting security cameras
- Window and door sensors
- Remote monitoring apps
Why It Matters:
Homebuyers are ready to pay additional prices for pre-equipped homes with these specifications. To be more specific, a recent survey by Coldwell Banker found that over 60% of homebuyers are more interested in homes with pre-installed smart security.
2. Smart Thermostats: Convenience and Energy Efficiency
Smart thermostats, such as the Nest Learning Thermostat or ecobee, not only control temperatures based on your lifestyle but also cut down on utility bills.
Benefits Include:
- Learning your schedule to maximize energy consumption
- Smartphone remote control
- Smart speaker and HVAC synchronization
- Reports on energy usage
Property Value Boost:
Smart thermostats, according to the U.S. Department of Energy, can save homeowners 10–12% on heating and as much as 15% on cooling. Those savings will attract both green-minded consumers and cost-conscious homeowners.
3. Automated Lighting Systems
Smart lighting enables homeowners to turn lights on and off from anywhere, program them to automatically turn on and off, and even switch between lighting ambiance. The systems integrate with voice controllers such as Alexa or Google Assistant, giving the home a luxurious premium.
Value Boost: Enhanced energy efficiency and convenience contribute to the visual and functional value of a home.
4. Smart Appliances
Intelligent appliances such as intelligent dishwashers, ovens, refrigerators, and laundry machines in new laundry facilities and kitchens are an absolute showstopper. Users can control the appliances with smartphone apps, provide self-diagnostic functions, and even notify users of maintenance needs.
Value Boost: The purchasers adore the long-term energy efficiency and cost savings of smart appliances, which add to perceived property value.
5. Smart Irrigation Systems
For houses with lawns or gardens, intelligent irrigation systems can automate watering schedules according to forecasts and soil conditions. This translates into water savings and better-looking landscapes.
Value Boost: Beautiful landscaping enhances curb appeal, and intelligent irrigation ensures outdoor living spaces are their best with little effort.
6. Smart Home Hubs & Voice Assistants: Control at Your Command
The unifying element that brings all the smart features together is the smart home hub. It enables the control of lighting, appliances, security, and anything else via voice or app instructions.
Hot Hubs Are:
– Google Home
– Amazon Alexa/Echo
– Apple HomeKit
– Samsung SmartThings
Why It Matters:
It’s less complicated to maintain an integrated house and more appealing to technology-conscious buyers. And it makes your home “future-proof,” a term with potent marketing allure in home descriptions.
7. Smart Smoke & CO2 Alarms: The Future’s Safety Necessities
Smarter carbon monoxide and smoke detectors are a worthwhile but minor upgrade. They send text alerts to your phone and even do a smart thing, which is to interface with other smart systems and lock doors or switch off HVAC appliances in the event of a fire.
Added Safety = Added Value.
Many cities and insurance companies are now mandating or recommending smart detectors for new construction and renovations. Installing them on your property not only meets code, but it also makes it more saleable.
How Much Can Intelligent Features Enhance Property Value?
Though exact figures differ geographically and by market conditions, research indicates that smart home upgrades can add up to 5% value to a house. That figure can be even higher in high-growth markets. Far more significant, however, is that smart homes tend to sell sooner than regular houses.
In conclusion:
Smart home technology isn’t a fad, it’s an investment in future-proofing your home and appealing to today’s intelligent homebuyers. If you’re preparing to sell or you’re just curious about how to upgrade your lifestyle, these amenities can add immense value and appeal to your home.
