Technology for the home has come a long way since garage door openers. Products that make the home “smarter” are now readily available — and buyers are taking notice.
“Smart technology isn’t just for phones anymore,” says Ray Ferris, president of the Ontario Real Estate Association. “We’re seeing smart technologies available in all facets of the home. Today’s well-informed buyer is a lot more likely to be interested in smart technologies than even just a few years ago.”
While smart home tech was once only available in high-end real estate, it’s now in homes at every price point, in new constructions and renovations alike. Features such as network-connected thermostats, security devices, appliances, and lighting are available in a range of price points and can go a long way in creating a wow factor with potential buyers.
Consider the following benefits of equipping your home with smart features:
Security: Many smartphone features help you keep an eye on your property if you’re out of town or on vacation.
Efficiency: Automating your thermostat or energy use while you’re away can help you optimize energy efficiency and save money on utility bills.
Peace of mind: Smart home technologies allow you to stay connected to your home at all times, offering comfort, convenience and peace of mind.
“Home sellers who may be considering updating their home with smart technologies should weigh the benefits,” advises Ferris. “Smart home technology can certainly add to a home’s market value, but like with any upgrades, the return on investment needs to be there. Talk to your Realtor to determine if these upgrades are right for you.” Find more information at www.wedothehomework.ca.