Whether you’re thinking of selling your home next month or next year, increasing the resale value of your house through home improvement projects is always a smart idea. Increasing your home’s value will also increase it’s equity release value, which can help when it comes to taking out things like drawdown lifetime mortgages. Today, many home buyers aren’t looking for a home with a pool or a fancy deck; they are looking for enhanced home technology.
To help you understand how you can use smart technology to add value to your home, here is an overview on the most popular features on the market.
According to a recent study conducted by Better Homes and Gardens Real Estate (BHGRE), 48 percent of American adults, ages 18-35, reported that a security system ranks highest on their list of desired smart home features. These high-tech alarms go beyond their intended job of protecting property; they also bring comfort and convenience to everyday life.
In addition to the capabilities of a traditional alarm system, smart security systems are connect to your wireless network and can send notifications about activity within your home to your smartphone or tablet. Another added feature is the ability to monitor and secure your home remotely. Simply log into your system via a mobile app or desktop browser to view live feed from your surveillance cameras, lock the front door, arm your system and much more.
This leads us to an important point: Designing and installing a home automation system is a task that’s best left to professionals. Home automation systems can be complex, and should be installed by a licensed professional who is trained to understand the details of a customized system. By using a professional with expertise in automation, homeowners will receive a well-installed system, along with personalized attention and training tailored specifically to their needs. They’ll also get continued support from experts.
Today’s advanced smoke and carbon monoxide (CO) detectors do more than just beep incessantly when the batteries run out; they tell you when and where trouble is lurking in your home.
New technology in smoke and CO detectors can help your family escape the home quickly by calling out the location of the affected area long before conditions become life-threatening. Additionally, advanced life safety systems can give you peace of mind by allowing you to check in on the well-being of your family when you’re not home. Best of all, you can have your smart smoke and/or carbon monoxide detectors monitored by a central station around the clock so that first responders are on the way at the first sign of trouble.
When a homeowner installs a home automation system, a great amount of trust is placed in the provider’s hands. Not only will a company enable homeowners to easily control the everyday functions of the home– such as lighting and temperature– but they will be responsible for ensuring the safety and security of the residents.
Lifestyle enhancing features such as a smart thermostat can also pique the interest of buyers. These devices have the ability to learn your heating and cooling preferences and adjust the temperature without you lifting a finger. But convenience isn’t the only selling point. With an advanced programmable thermostat, you can control the temperature of your home remotely using power conservation settings to reduce your heating and cooling bill – cost savings that are universally appealing to buyers.
With the demand for home automation steadily rising and the cost continuing to drop, adding value to your home with technology is a no-brainer.