Smart-home technology is now a common real estate upgrade and a necessity for a competitive market edge. Whether it be a new build or existing structure, it is a no-brainer when it comes to the question…”to add or not to add automated home living products?” The answer is overwhelmingly, yes.
Numerous eco-friendly options
Smart-everything…door locks, thermostats, lighting, and even solar panels…so many ways to make your home stand out. Smart-detectors discern between smoke from cooking and smoke that is concerning. Solar panels can save over $1500 per year in energy costs, and they are great for your home’s green profile. Smart-moisture sensors detect otherwise unnoticed leaks that can result in mold damage, saving you thousands in repair costs. The Nest smart-thermostat adjusts your heating and cooling for you. According to the Nest Company, homeowners who use the “…Nest Thermostat saved 10% to 12% on heating and 15% on cooling.” According to Lutron.com, “Lutron lighting systems projects an annual savings of 60% with the installation of a combined dimmer/sensor system”.
Smart-home real estate sells faster
Smart-homes are just cool. Think of a potential buyer. She walks into your home, and sees the lighting slowly illuminate, ambient music plays and sleek beautiful mirrors line the hallways. Upon entering the master suite, she notices one small rectangle of a TV Mirror on the wall, playing an ocean scene. The smart-home savvy real-estate agent points out Ketra natural lighting bulbs in the chandelier above. This potential buyer is instantly in love with your home. Real estate listings with automated upgrades sell faster than homes of similar price per square foot. The upgrades stand out. A buyer is compelled to go for the purchase that simply offers more.
Appraisal value and smart-home upgrades
Realtor.com lists data from Consumer Reports showing “…smart home features can boost your home’s resale value by up to 5%.” Although products, like thermostats and Alexa devices do more for aesthetics than for the resale value of a space, the addition of a high tech home security system designed by a company like Acoustic Architects, will get an inspectors attention. Security safety systems that protect both the physical features of the home and the client’s personal data are increasingly necessary in today’s world. When you consider a listing price of several million, a 5% increase in value attributed to smart technology is very compelling.
Take advantage of the benefits
Homes with smart design are now the new normal. Home automation takes the clutter out of living, reduces energy cost, increases the eco-savvy portfolio of a space, and elevates the wow-factor of a real estate listing. Not only is the addition of smart-home technology very attractive to a potential buyer, it is a great way for you to enjoy and connect with your living space, while you are considering a potential sale.
Acoustic Architects, founded by Aaron Flint and Spencer Hauldren, design automated spaces to seamlessly enhance their clients lifestyles with the addition of smart-home technology. Flint and Hauldren coined their concept, “Responsive Living,” which allows you to interact with your space via touch input, voice command, and predictive automation, adding value and attractiveness to your home.
If you would like to learn more about how smart home systems increase the value of your property, feel free to connect with us. We will be happy to schedule a demo with you.
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