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How Home Automation Boosts Home Value

by Cassie May 16, 2016

 

Home Automation Home Value

Home automation refers to the electronic and automatic control of household activity, appliances and other features. With a home automation system, a homeowner can lock and unlock the doors, adjust the temperature of their home, turn the lights on or off and even open and close the blinds, all from their tablet or smartphone, using an automated service such as My Alarm Center’s MyHome. Investing in smart home technology can provide both convenience and additional security, both of which are appealing to prospective buyers. Here are some of the ways home automation can increase a home’s value.

Latest Technology

Millennials are accustomed to using technology in their daily routines. As this generation’s presence grows as first time home buyers and repeat home buyers, meeting their technological expectations in the housing market will best serve the home sellers profit interests. In fact, the National Association of Home Builders and the Consumer Electronics Association reports that a home automation system can increase the value of the home by three to five percent when it comes time to resell.

Increased Energy Efficiency

Many first-time home buyers are leading the way towards a greener environment. Interest in sustainable living has risen significantly in recent years. Incorporating home automation technology into a new or existing home makes it simple to reduce your home’s carbon footprint by lowering energy consumption.

Many home automation systems feature energy-saving smart lighting and energy consumption controls. These features allow homeowners to turn their appliances on and off remotely. They can automatically program climate control systems. Automated faucets and irrigation can help reduce water usage, as well. In addition to increasing the appeal of your home when it comes time to sell, home automation systems can save you money on energy bills until you do sell. In fact, energy savings can be significant and, over time, can completely offset the costs to automate a home.

Safety and Security

Home automation systems provide the latest technology in home security. With these systems, homeowners can remotely monitor indoor and outdoor home cameras. They can receive text message alerts when the kids come home from school. They can also monitor their pets when they are away from home. Some systems allow homeowners to remotely view delivery packages left at the front door, turn lights on and off when away on vacation and even institute safety measures when a carbon monoxide leak or water leak is detected in their home.

Home automation adds an increased level of safety and convenience for potential home buyers. In addition, many savvy home buyers understand that home automation systems have the potential to save a significant amount of money over the long run by lowering energy bills, reducing theft and even preventing catastrophic damage from burst pipes and carbon monoxide leaks. My Alarm Center is here to help protect your current home and help you increase the value of your property when it comes time to sell.