Release date: February 5, 2021 Shana Yuri
Modifying a home before putting it on the market is a common practice for homeowners. After all, there is no other way to increase the value of a home. The pitfall, however, is updating the home’s good features.
Remember that not all upgrades are worth your time and money. Gone are the days when all you had to do to sell a house was give it a new lick of paint. The real estate market has become extremely competitive, which means you have to make an extra effort to attract buyers.
Without a proper appraisal of the house, even a real estate agent will not help you get the price you want. No, you have to take your time and do your research. Once you’ve done that, you’ll see that if there’s anything buyers want, it’s smart technology.
So, if the question on your mind is: how do I sell my house fast for money? Smart home technology is the answer. Of course, you need to know what you are going to upgrade. After all, you need a better return on investment (ROI) to make your upgrades worthwhile.
To help you do this, we have prepared the following guide.
1. smart thermostat
Smart thermostats have taken the real estate world by storm. According to a survey by T3 Sixty, more than a quarter of potential buyers want energy-efficient air conditioning to go hand-in-hand with such a device.
Intelligent thermostats allow you to control the temperature much more efficiently while saving on energy costs. Best of all, they’re not that expensive.
Of course, if you want the latest generation of thermostats, you have to consider a larger investment. However, Amazon and other online stores are full of cheaper but efficient devices, so do your research.
2. smart lock
Home security is a crucial element that can significantly increase the value of your home. It is also something that can help you attract more potential buyers. Ultimately, installing a smart lock is the best solution.
Such a device will immediately increase the security of your home. Moreover, it offers more convenience, as smart home locks support Wi-Fi and communicate with a smartphone through a special application.
Also to read: 17 types of door locks to secure your belongings
3. video doorbell
Another smart home security tool that drives up the price tag is the video doorbell. It’s a cheap but great option for making the most of your home and attracting buyers by making a strong first impression.
Moreover, the price that makes video calling such a great technological tool is the ease with which it is applied. So it is very convenient for you and your client to install it after you buy it.
You may also consider spending a little more and equipping your door with a night vision camera. Again, we encourage you to do your research before you buy.
4. Carbon and smoke detectors
These days, you can hardly find homes without smoke detectors. That doesn’t mean you don’t need to install one to stand out. On the contrary, without smoke detectors, you significantly reduce your chances of selling your home quickly.
Remember that your buyers want to feel secure when they buy. If they see that the improvements to your smart home meet their security needs, they will be more inclined to buy your home.
In addition to smoke detectors, it is recommended that you install carbon monoxide detectors. The latest smart devices can detect deadly gas or smoke within seconds, trigger an alarm and notify you immediately via smartphone.
5. intelligent lighting
With growing environmental awareness, energy efficiency has become an important element in the real estate industry. So what’s the best way to make your home more environmentally friendly? The answer is to invest in intelligent LED lights.
Smart, because they save you a lot of money on your energy bills. LEDs because they are the most reliable and environmentally friendly option. Intelligent lighting allows your future homeowners to control everything remotely with their phone or via voice command.
Also read: 17 beautiful and modern inspirations for kitchen island lighting
6. intelligent shadows
Intelligent blinds are another way to save energy. Homeowners can lower or raise them remotely through a smartphone app or voice commands, combining comfort and security.
The best part, however, is that smart blinds are relatively inexpensive, but they will increase the price of your home and help you attract buyers. You may also consider spending more money on blinds to make your home green and environmentally friendly.
7. smart home appliances
By definition, a smart home should be full of smart devices. The only problem is that the latest devices can be very expensive. Still, it’s a good idea to invest in several devices if you don’t have time to make major upgrades.
Remember, the more affordable your home is, the more potential buyers you can attract. We therefore recommend that you consider investing:
These smart home appliances shouldn’t ruin your budget too much and will give you a better return on your investment and a better chance of selling your home for a better price.
Final grade
Although smart homes have been around for some time, their popularity continues to grow. Therefore, if you want to sell your house quickly and at the right price, it is absolutely essential to go smart.
Of course, you must also consider other updates. Which ones? It depends. It’s best to consult the official website of the National Association of Realtors to find out which renovations and improvements will give you the most return on your investment.
Still, it’s always a good idea to invest in smart devices. Familiarize yourself with the latest technology to determine which devices to buy to attract buyers. That way, you can do it right without burdening your budget with an unnecessary investment.
Do your research, consult a real estate agent, invest wisely and make sure your ad stands out. These four factors are key to attracting buyers. Good luck!
Frequently asked questions
Does a smart home increase the value of a home?
Can intelligent home automation increase the value of a home? Yes. Smart home systems are now included in home sales estimates. Devices such as smart thermostats, smart smoke detectors and smart security systems have been shown to not only increase the value of a home, but can also help it sell faster.
Do smart homes sell for more money?
According to a 2017 survey conducted by the housing consulting firm T3 Sixty, 40 percent of real estate agents believe that smart homes sell faster, regardless of their price. The sales potential of smart homes has increased by 33 percent in the past year. The sales potential of smart homes is … “I see renovated homes selling very quickly.”
How much does a smart home cost?
Home automation can actually increase the value of a home by 5%; according to Consumer Reports, it costs $15,000 on a value of $300,000. The growing demand for smart homes among homebuyers and the growth of the industry could make home automation an attractive investment for the future.
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