Considering selling your home now or in the near future? You might be interested in knowing how smart home technology, otherwise known as home automation, can greatly increase the market value of your home. Imagine having the power to control your security system, cameras, lighting, heating and cooling, video and endless other functions directly from your fingertips. Now, imagine the appeal of that power to a potential home buyer. There is no doubt that home automation is a desirable technology to have.
In today’s modern world, convenience is often of the utmost importance. A home automation system allows people to monitor their houses from virtually anywhere, which is a great benefit to many. In fact, with nearly 50% of Americans likely to purchase at least one smart home upgrade this year, more home buyers will expect houses to come equipped with some smart home technology. Potential homeowners are increasingly seeking a sense of safety, security and energy efficiency in a home, and will therefore be more willing to pay a premium for just that. Home automation systems can increase your home’s value by 3-7 percent, sometimes even more. In addition, a home automation system can also attract buyers and add value in terms of saving money. Home automation technology that includes heating and cooling functionality can mean substantial savings on energy bills for homeowners.
In our part of the country, home value increases have been lagging behind. Buffalo market trends indicate a decrease of 20% in median home sales over the past year, a 22% drop in Rochester and 8% in Syracuse compared to the national median sale increase of 1%. Adding smart home technology to your home can increase the value tremendously in the eyes of a buyer and get you closer to the national average.
When considering which smart home features would be best for you, think of the challenges you encounter in your home. Are you often losing your keys or forgetting to lock the door or turn the alarm on? We have technology to help you put your mind at ease. Investing in remote door locking and cameras linked to your smartphone can provide you with the peace of mind you have been longing for.
To get information on how you can get a home alarm system with home automation capabilities, visit here.