How Does Smart Home Technology Affect the Sale of My Home?
In the 1950’s, homeowners were wowed by dreams of the future, with flying cars, self-baking ovens and automated vacuums. Many of these concepts have come to life with smart home technology, though not necessarily in the way they were once imagined.
Smart homes today revolve around making life easier, letting you adjust everything from temperature to lighting from anywhere in the world. These types of improvements do a lot to attract millennial buyers who have grown up with technology and look forward to its integration into the home.
A Little Does a Lot
Having access to tech in a home office, kitchen and bathroom will set your home apart from other houses without such modern conveniences. Fortunately, unlike completely remodeling major portions of the building, adding value to your Orange County home with smart tech won’t break the bank.
Spending around $1,000 before putting your Newport Beach house for sale, a paltry sum where renovations are concerned, will result in significant gains on the housing market. Though these aren’t always monetary, it can result in a faster sale since these features are very attractive to buyers that would be interested in installing some of the same units themselves.
Doorbells and Detectors
Many tech tools don’t take much of a time investment when it comes to installation but provide a host of benefits that you and future homeowners will inevitably enjoy. Some of the most common items that will help craft the perfect smart home include:
- Video Doorbells – Security is always a major concern, and being able to keep an eye on your front door while at work or even in the shower makes a home feel that much safer.
- Smart Locks – Another front-door option, these take a little more effort to install but the added security and keyless entry options make it a worthwhile addition.
- Smoke Detectors – Knowing anytime when there’s a fire or batteries need changing is a definite boon, and the cost of multiple detectors can be offset by smart devices that listen for the alarms already present in your house.
- Thermostat – The first real integrated smart device, this can ensure your home is always at the correct temperature and can even respond to voice commands when you’re relaxing on your couch!
- Light Bulbs – Lamps on timers have been a mainstay of vacationers for decades, but smart bulbs will turn on with your phone, and many can even adjust color and brightness on a whim!
- Smart Speaker/Hub – Alexa and Echo, Amazon and Google’s smart-home supermodels, are just two examples of units that respond to your voice and tie all of your tech together into a cohesive unit.
These simple upgrades will transform your home, and even though they seem like superficial additions they let possible buyers see your house as more than building. Safety and security are just as important as comfort and convenience, and when it’s all integrated it becomes one irresistible package!
Room to Improve
While all of this technology does wonders for your home, you also need to consider which rooms will benefit most from electronic additions. Every area can be upgraded, but certain tech fits more easily in specific locations.
Living rooms or gathering spaces are definite spots to create a centralized hub for technology. Having your smart hub where everyone congregates makes it much easier to control and monitor the house while entertaining, and hose-shoppers will take notice when the primary living space is set up to be a control room for all of their toys.
Another space that benefits from these upgrades is the kitchen. While a smart refrigerator is more expensive than other options, adding high-tech appliances to the most complex room in the house makes it that much more alluring. Even something as simple as adding receptacles with USB ports by the nightstand can be a deal-maker!
Selling My Home With Savings
It’s not just a fancy screen on a dryer that makes it a big selling point. Making your home smarter also makes it energy efficient. If lights turn off when you aren’t home and thermostats regulate heat and cooling efficiently, homeowners are going to see a drop in their energy bills. High tech security also looks good to insurance companies, so fire alarms and video doorbells are a definite win for you and potential buyers.
Getting your house ready for the Orange County real estate market is never easy, but make sure you keep smart home technology in mind as you prepare to put your Newport Beach house for sale. The added value comes in a variety of ways, and if spending around a thousand dollars helps you make the sale more quickly, it’s an investment any homeowner can get behind!