Coldwell Banker Real Estate surveyed 1,250 American adults and found that 71% of buyers wanted a “move-in-ready” home, 61% were millennial buyers, and 59% were parents with children who wanted smart-home features.
Modern technology is getting better by the day, and it’s revolutionizing how we live our lives. It’s also changing how we engage with our homes. For example, now there are voice-activated assistants who can help you with a ton of stuff.
Let’s look at more smart home features that can boost the resale value of your home.
Do Smart Home Features Raise The Resale Value Of Homes?
The simple answer is YES. Most buyers are looking for smart home features, and if your property is equipped with many of them, buyers will probably be willing to pay top dollar.
So if you’ve been thinking “I want to sell my house fast in Phoenix,” consider getting smart smoke detectors, smart thermostats, and smart home security systems.
But before you go spending on every smart home feature you can think of, you need to understand which are worth implementing and which are not.
What You Should Know About Smart Homes
A house must have network-connected components in order to be considered a smart home. Moreover, you need to be able to manage things remotely, and you should be able to control lighting, temperature, security, and entertainment features via your phone, tablet, computer, or even your voice.
If your home is equipped with useful smart home tech, it won’t just feel safer but cozier too. Imagine managing your home’s lighting, temperature, and security with just a few vocal commands or some taps on your smartphone. This is feasible thanks to modern smart home technology.
Here are some smart home improvements that’ll make your house more attractive to buyers:
• Smart lighting
• Automated blinds & curtains
• Built-in speakers with app control
• Climate control with smart thermostats
• Smart locks
• Smart garage door opener
• Smart home security system
• Smart appliances
Why Smart Home Tech Is Useful
Basically, smart home tech will make your life easier. It’ll also ensure your home is secure, especially when you’re not there.
For example, your garage door might open automatically as your car approaches, or the air conditioner may turn on 10 minutes before you get home. You could have a video camera in your refrigerator that’s accessible via your phone and use this when shopping to know what you need.
So when you’re thinking about which smart home features to include in your home, think about the features that make life more convenient. These are the ones that buyers are willing to pay top dollar for.
Word To The Wise
When a homeowner chooses to remodel, one of their key questions is: is this remodel going to be worth it? The truth is, some renovations are worth it and some aren’t. Smart home renovations, for example, are mostly worth it, whereas exterior upgrades don’t add much value.
If you don’t want to go through a bunch of hoops, particularly during price negotiations, when selling your home, don’t make renovations that make the home especially niche—then you’ll lose the buyers who just want a neutral, move-in ready home.
Thinking about selling your home in Phoenix? Then adding some smart home tech before selling is a good move.
But if you want to sell your house quickly and in a stress-free way, and you don’t want to spend a dime on home improvements, consider selling to Go Fast Offer. We buy houses in Phoenix, AZ, in any condition, and if you sell to us we can close in under 30 days.
The author is one of the top cash home buyers in Phoenix, AZ. They buy distressed homes in as-is condition, and they’re always willing to pay a fair price. Visit https://www.gofastoffer.com/ to know more.