Smart Home Technology: What Should You Invest In?

home technology

Remember when a home intercom system was considered hi-tech? It’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 that’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, it’s easy to be sucked into believing everything else should be too. Automation of lighting, window dressings, the coffee machine; where does it end? Here’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

It’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 you’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 market that supplement or replace your front door 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 you’re away from it. They ring your smart doorbell, you visually confirm who wants access, then remotely unlock the door to let them in; all via your smart phone. And let’s face it, you may also use this function if you’re home on the couch and watching your favourite show on Netflix!

Whilst LED lights and solar panels don’t increase your ease of lifestyle, they’re also attractive additions when selling your home, as people perceive the outlay of these to be significant.

One thing’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 what’s available and the outlay, remembering if the price seems to good to be true it probably is.

Share:

More Posts

Market Update | July 2024 Edition

The Melbourne market delivered results that differed from most Australian capital cities across June and the second quarter of 2024.   While our nation saw an increase in dwelling values of 0.7% across the month, Melbourne saw a marginal decrease in house and unit prices, down 0.2% and 0.3%, respectively. It also recorded a decline in its overall dwelling price of

Busting the Myths: Unveiling the Truth About Buying and Selling Real Estate

Busting the Myths: Unveiling the Truth About Buying and Selling Real Estate Navigating the world of real estate can be daunting, especially with a plethora of advice and information floating around. Unfortunately, not everything you hear is accurate. To help you make informed decisions, we’re debunking some of the most common myths associated with buying and selling property. Myth #1:

The Best Suburbs To Move To In Melbourne’s East

The best suburbs to move to in Melbourne’s East Melbourne’s Eastern Suburbs offer some of the best places to live in Australia for families. The area has a mix of well-established suburbs and new communities boasting upgraded amenities and attractions, making it an ideal location for people looking for a family home. In this article, we have compiled some of

Meet Our June CSP Grant Winner

Meet Our June CSP Grant Winner Congratulations to Viv’s Recare, on being our June CSP Grant recipient. Viv’s ReCare hosts fortnightly community lunches offering carers and those they care for the chance to relax and chat to people in similar situations, in a fun, friendly, safe environment. Guests receive entertainment, live music and activities, all whilst enjoying morning tea and a

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.​

Buyer Requirements

Thank you!

I’ll be in touch soon with information on the suburb you’re buying in.

Find Out More