There used to be a time when ideas like speaking to your air conditioner to get it to turn on sounded ludicrous. Well, welcome to the future that we are living in now. Smart Technology is upgrading our lives left and right, in ways we don’t always notice or anticipate.
From speaker systems to climate control, from energy efficiency to help you navigate, seemingly every aspect of our home and work lives can now be customized using smart technology.
Let’s take a look at some of the ways smart technology is revolutionizing real estate and how it can increase your property values.
Smart Tech Revolution
With the global pandemic still affecting everyone’s lives, new smart tech is being rolled out that upgrades home cleanliness and air purification. Tenants now are hyperaware of cleanliness and high air quality in the home, so it is important for landlords and property managers to keep in mind. Self-regulating air purifiers and contactless surface interfaces- like touchless toilet flushers and voice-activated faucets– speak to our new concerns for health during this unprecedented time. Contactless doorbells with embedded facial recognition capabilities prevent the spread of germs from strangers who approach a tenant’s door.
For home entertainment systems, smart tech provides an impressive range of customizable, voice-activated, app-integrated options. Speaker systems like Google Assistant and Amazon Echo respond to your cell phone via Bluetooth and to your vocal commands. Smart plugs can help regulate the flow of energy in the rental property, preventing dangerous power surges and improving the overall energy efficiency levels. Plus, smaller home appliances like lamps, televisions, and coffee makers can be controlled by voice commands when plugged into a smart outlet.
Smart tech can be used to enhance outdoor appliances as well. Decorative lighting, pool pumps, and even sprinkler systems can be controlled from one’s phone using an app that syncs to other smart devices.
And home security options have been greatly improved with smart technology. Security cameras that provide round-the-clock live feeds to one’s phone and other devices now also come with facial recognition capabilities, 360-degree rotating mechanisms, Amazon Alexa and Google Assistant syncing, and dual-band Wi-Fi connective abilities.
How to Prepare A Prospective New Smart Home to Attract New Tenants
With comprehensive security capabilities, automated heating and cooling options and other environmental controls, and even remote access to your expensive devices, you will want to make sure that your prospective Smart Home is ready for such demanding technicalities.
First off, be sure that this prospective Smart Home meets the necessary technical specifications. Because many Smart Tech apps connect to your devices and each other via Bluetooth, you will want to make sure you have the fastest possible internet speeds. Check to determine whether it has sufficiently high broadband speeds to meet the increased internet demand. Consider whether you would want to change internet providers or purchase an additional Wi-fi router to ensure that the speeds are up to par with all of the apps and devices that will be sharing the same network within the house.
Consider your prospective tenants’ needs. If you install permanent adjustments, your property will certainly be more attractive to prospective renters. But even those who prefer to install their own smart tech gadgets will be on the lookout for a property that is smart tech ready. Smart tech adjustments can put your property listing ahead of the game and help you get the most competitive rates on the market.
Why Should You Upgrade to Smart Tech?
Smart home products are wildly popular these days. One study has shown that one in four adults in the United States uses smart home gadgets, and half of all millennials have smart tech products. Smart tech is designed to increase the convenience and ease of everyday tasks; over half of Americans who have a smart home report saving at least half an hour each day by automating tasks throughout the house.
Smart technology also makes homes more secure- with advanced security systems that can be controlled from within the house or outside, so your property will be protected whether tenants are inside it or away.
Plus, with devices that monitor power output, heating, cooling, and air purification, smart tech gadgets can save you money on energy consumption while ensuring your tenants’ optimum comfort levels inside the home, thus saving you the property manager or landlord from having to address excess energy problems.
Beyond the obvious appeal of increasing tenant’s comfort, improving energy efficiency, and offering seamless integration across apps and devices, why should you upgrade your property to smart tech?
Including smart home technology and ensuring that your property is Smart Tech Ready increases your home value by up to 5%. Today’s home buyers want convenience, comfort, and ease not just at their fingertips, but in the environments that surround them. By preparing your home for automation, you are making a lucrative investment that will attract top-quality residents.
The Home of the Future
Whether you embrace it or ignore it, smart technology is definitely changing the way we interact with our home environments. New homes that are being built will have smart tech capabilities built-in. As a savvy property manager, you will find that investing in even basic smart tech upgrades will be well worth your time- and will pay you back in the long run. Prepare your property to meet all your tenant’s basic smart tech desires- from security to environmental efficiency, to entertainment.