Smart Home Technology: What Should You Invest In?

home technology

Remember when a home intercom system was considered hi-tech? Itโ€™s fair to say that technology and consumer expectation have evolved considerably.

There are many products on the market that claim to make life easier, with SMART HOME being a term thatโ€™s bandied around a lot. When investing in SMART technology, there are some points you need to consider. Ask yourself:

  • What technology will be the most beneficial, having true paybacks rather than just being novel?
  • If I sell my property, what will buyers want, and what will they be willing to pay for?
  • Who will my target audience be if I sell?

In a world where information is available at the touch of a button, itโ€™s easy to be sucked into believing everything else should be too. Automation of lighting, window dressings, the coffee machine; where does it end? Hereโ€™s a few potential investments that are relatively affordable and will be appreciated by buyers, if and when you do sell your property.

Smart Thermostats

SMART thermostats can save considerable money by reducing heating and cooling costs. They allow you to manage your home’s temperature by creating schedules that can be overridden if usage patterns change. Some thermostats go next level, tracking daily routines and your heating and cooling use over time, and then recommending a revised plan. Initial rules and required changes can be made via a smart phone app.

Home Security

Itโ€™s now simple and affordable to monitor your home from afar. A SMART home security system connects via your Wi-Fi network, allowing you to monitor and control it with a smart phone app. An entry-level system should include a few door and window sensors, a motion detector and a hub that communicates with these using wireless protocols. If youโ€™re not sure you want to commit to this yet, many smart locks and doorbells have camera functions; this might be a good starting point.

Smart Locks and Doorbells

There are abundant options on the marketย that supplement or replace your front doorย lock and these now provide more than just keyless entry. Imagine being able to allow friends and family, delivery drivers or tradespeople access to your home whilst youโ€™re away from it. They ring yourย smartย doorbell, you visually confirm who wants access, then remotely unlock theย doorย to let them in; all via your smart phone. And letโ€™s face it, you may also use this function if youโ€™re home on the couch and watching your favourite show on Netflix!

Whilst LED lights and solar panels donโ€™t increase your ease of lifestyle, theyโ€™re also attractive additions when selling your home, as people perceive the outlay of these to be significant.

One thingโ€™s for sure; the market is flooded with choice, and this will increase as companies take advantage of consumers seeking SMART HOME options. As with any investment, do your research. Understand the true benefit vs. the gimmicks, and investigate whatโ€™s available and the outlay, remembering if the price seems to good to be true it probably is.

Share:

More Posts

Protect Yourself from Real Estate Scams: What You Need to Know

Protect Yourself from Real Estate Scams: What You Need to Know In todayโ€™s digital age, real estate transactions have become more susceptible to various scams. As a trusted real estate firm, we believe itโ€™s crucial to educate our clients about the latest fraud tactics to ensure your investments remain safe. Here are some common scams currently making the rounds and

Market Update | November 2024 Edition

In October, Melbourne’s property market emerged as the strongest performer amongst Australian capital cities. PropTrack’s latest Home Price Index reports that the city’s median home price increased by 0.49%, with growth in both the house and unit market. This signals what experts, including senior economist Eleanor Creagh, believe could be a turning point following six consecutive months of declining values.

Preparing Your Home for A Summer Sale: Tips For Sellers

Preparing Your Home for A Summer Sale: Tips For Sellers As the temperatures rise and days get longer, summer presents a unique opportunity for homeowners looking to sell. With more buyers on the hunt for their dream home, itโ€™s essential to make your property stand out during Open For Inspections. Here are some effective tips to ensure your home shines

Family-Friendly Neighbourhoods In Melbourneโ€™s Eastern Suburbs

Family-Friendly Neighbourhoods in Melbourneโ€™s Eastern Suburbs: Perfect for Summer Living As summer approaches, families in Melbourneโ€™s eastern suburbs are gearing up for a season filled with outdoor activities, community events, and memorable moments. At Noel Jones, we believe that choosing the right neighbourhood is essential for family life, and our eastern suburbs offer some of the best options for families

Send Us A Message

Good Job!

Thanks for taking the time to let me know about your needs.

I look forward to helping you find your new home.โ€‹

Buyer Requirements

Thank you!

Iโ€™ll be in touch soon with information on the suburb youโ€™re buying in.

Find Out More