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Smart Homes are Steadily Increasing Housing Values


Under Home | Lifestyle

Written by

November 29th, 2018

We are living in a digital age, so it is hardly surprising that people are now making their homes more connected to other devices, and dubbing them a ‘smart home’. A smart home is essentially a house that contains connected appliances that can be remotely controlled, monitored and accessed. Almost all smart devices are connected to the internet and usually can be controlled via mobile phone or home hub. Using smart technology, home owners can control and see what is going on in their home at all times.

There has been a huge explosion of hardware devices over the last couple of years, bringing the concept of a smart home very much into reality for many people. Technology has now advanced to a point where many of our normal electrical items are now emerging as a ‘smart device’. Some smart appliances that are currently available and on the market include smart bulbs, high-end security, temperature control systems, home entertainment systems and various others.

The Internet of Things (IOT) is the real reason behind these developments, enabling technology to connect through a wireless network. Yet it is very clear that we are only at the very beginning of what this whole new word is sure to bring.

Just a few years ago, a smart home would be listed as something at the much higher end of the market. Today however, smart homes can be at almost anyone’s price point, either in new builds, or installed in old. It is these sort of features that will make one house stand out from others, as the majority of people will want to move into a house that is completely ready to live in straight away.

As we are only on the very cusp of the world of smart homes, at the moment people are not looking at it as a necessity, more of a luxury. Therefore, although the technology of a house many not necessarily make or break its sale, it definitely could impress potential buyers. It is an amenity or perk that would support the buying decision, and may make the buyer pick one house over another. If it is a young buyer, then smart homes are almost considered the norm, so they may even expect to see smart devices installed.

There are many reasons that home automation may increase appeal or property value. It immediately gives a home that ‘wow’ factor, and can be a big hit with potential buyers, especially as it is no secret that homeowners like convenience.

As well as just being convenient and time saving, smart homes can also have a range of other benefits. They have the potential to make a huge difference when it comes to the cost of bills. If you have left the house with a light on, or forgot to turn the heating off, you can change that with the touch of a button. By carefully monitoring your expenditure in this area, it is far less likely that a huge bill will creep up on you.

In some cases, smart devices can make you feel more protected and secure, as you are able to monitor your house wherever you are in the world, with automatic alerts if there is a break in. Similarly, some smart homes can protect the vulnerable, as an alert will be triggered if an elderly person falls over or behaves outside of their normal routine.

Many people will see the attraction of a smart home with all of the devices already installed, as they don’t want to have to go through the hassle of installing and setting everything up themselves.

As homes become more and more connected, home insurance will surely adapt with these changes to meet consumer needs. The cost of installing smart devices vary depending on the home type, location and type of device being installed.

There is no question that smart homes are the ‘homes of the future’, with automation features becoming steadily cheaper, more cost effective and technologically advanced. Home automation addresses many of the more common concerns among home buyers, as well as giving a house the ‘cool factor’. In such a competitive market, anything that can add value to a home is certainly an investment worth considering.

Smart Homes are Steadily Increasing Housing Values by Ana Bera

About Ana, Bio : 5’3 ray of sunshine and chocolate addict. As the Head of Marketing and Content at SafeAtLast, she uses every opportunity she gets to learn from others and then share the knowledge and generate fun and informative content. She is a Toronto born world traveler, hungry for knowledge and ready to make a difference in the marketing world.

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