A smart house means you’re a smarter seller.
When You’re Selling Your Home
You’re getting ready to put your home up for sale. Of course, you’ve heard that it needs to be in the best possible shape to attract buyers. But, so is every other house. So, what else can you do to make it stand out? Maybe you should make it a smart home.
Typically, in a smart home, lighting, heating, AC and security are controlled by a control panel mounted on a wall. In addition, these can all be controlled by an app on your smartphone. Hence, you don’t need to be in the home to control these systems.
Affecting the Sale
As a result, your home appears to be updated and well-taken-care-of. Consequently, this can make your home sell quicker for a higher sales price. In fact, many Realtors® believe smart homes sell faster, regardless of price.
So, smarter sellers should think about investing some money into some Smart Home features. And these are the ones that should give you the biggest bang for your buck.
A recent study said that home security and video “is the fastest growing sector in smart home technology”. In addition, the survey shows that 36.4 percent of home buyers ask most often about smart home security. Imagine that your doorbell is also a camera. And this camera, along with other cameras, can send a video feed to your smartphone. It’s in demand because video feeds allow homeowners to easily check in on their home, pets and family when they’re away. It’s also the Smart Home feature that consumers seem to want most.
Automated lighting is another feature that buyers want when it comes to smart home features. Many Realtors point out not just the ease of use of the lighting system, but also the potential savings. According to Energy.gov “LED lights use at least 75% less energy, and last 25 times longer, than incandescent lighting.”
However, smart lighting is more than LED bulbs. Program the times to turn lights on and off from your phone. Or turn them on remotely. Control both the bulbs and /or switches while you’re away.
As a matter of fact, buyers always appreciate new, updated appliances. And smart appliances provide an even greater Return On Investment (ROI). Indeed, that ROI can be 11% higher than with standard appliances.
This is a feature that can have a great ROI. And Realtors should be pointing it out to buyers. When your Realtor points out that it could save 10 to 12 percent in heating and cooling costs, that’s going to stick out in a buyer’s mind. Conversely, other houses without may be dismissed from their search. However, with a smart home, your listing agent needs to convey those benefits. Because if you don’t, it might as well not even be there — it just doesn’t matter.”
In addition, a study said a smart thermostat saved consumers on average 10% to 12% on heating and 15% on cooling. Compared to typical energy costs, that translates to an average savings of $131 to $145 a year.
Bottom Line for a Smart Home
Be a smarter seller. Add smart home features and get your home sold faster.