Smart Home Devices That Appeal Most
to Homebuyers

Smart home features are no longer just cool add-ons. They’re actually becoming must-haves for homebuyers, as they search for their move-in-ready homes. In fact, John Burns Real Estate Consulting recently performed a study of more than 22,000 people currently in the market for a new home, and found that 65% of them were willing to pay more for smart home technology packages.

It’s clear this technology is becoming a strong investment strategy for sellers. But how do you decide which devices are worth installing? Below, we’ve curated a list of the smart home technologies that appeal most to homebuyers.

 

Thermostats

The appeal: money savings and energy conservation.

Not only do these devices provide remote control for homeowners, but they’re also self-regulating based on considerations like the homeowners’ daily habits and whether or not someone is in the home. On top of all that, they actually save the homeowner money, too. For example, Nest thermostats save customers about 10-12% on heating bills and about 15% on cooling bills per year.

 

Door Locks

The appeal: added security and convenience.

How many times have you stood outside in not-so-desirable weather as you searched for your keys and tried to unlock the door while your hands were full? Well, luckily those days are over for those who install smart door locks. These locks use Wi-Fi and Bluetooth so everything can be done via a smartphone. Some of them can even sense when you’re at the door and unlock it automatically. In terms of security, this prevents having to hide a spare key somewhere outside where it can be found by a stranger. And in terms of selling your home, this could be a great feature to show the potential buyer that you care about smart home technology and the security of your home — it’s a great first impression of the house!

 

Solar Panels

The appeal: money savings and energy conservation.

Endless renewable energy, environmentally friendly power, the ability to monitor panel performance — what could be negative with solar panels? Well, they are certainly an investment. However, the reward is hefty. The U.S. Department of Energy found that solar panels can increase your home’s value by $15,000. They’re also estimated, on average, to save homeowners about $1,500 on utility bills per year. With roughly a $10,000 installation cost, you’ll make your money back rather quickly!

 

Moisture/Leak Sensors

The appeal: peace of mind and potential money savings.

No one wants to buy a home that is potentially mold-infested after an incident with water damage. Smart moisture sensors help the home’s value by detecting humidity, temperature changes and even water leaks before they cause damage. In this case, prevention is without a doubt cheaper than restoration, and homebuyers will appreciate that it’s already installed and ready.

 

Connected Home Systems

The appeal: integration and convenience.

This one may not be the first thing to come to your mind, but it’s becoming more and more important. As homes continue adding smart devices, managing them all can become tedious and time-consuming. Homeowners want a platform where they can easily control all technologies from one place. At the Consumer Electronics Show this year, this was a huge theme. Thought leaders in the industry were raving about the importance of integration if we ever want smart homes to become mainstream. The industry is taking huge strides in integration, and those involved are starting to work together more to benefit the consumer. As a seller, it’s smart to consider installing devices that can all be linked and integrated together on the same platform.

As smart home technologies continue to progress, these devices will become even more prevalent. So now we’re turning it over to you. Which smart home devices can you not live without? If you’re currently selling a home, what are your plans for incorporating smart home features? Leave a comment below!

 

Sources:

UpNest
Coldwell Banker
CBS News
Washington Post

 

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