There are so many ways to boost the value of your home. However, most of them don’t give a great ROI. For instance, while fixing the roof may drastically improve the overall lifestyle quality within your home, if you intend to sell the place right away, you are bound to be at a loss. This is due to the fact that the boost to the resale value achieved this way doesn’t cover the cost required to fix the roof. On the other hand, you can achieve quite a value by enhancing your home with smart technology. Here are a few suggestions.
Smart thermostat
Perhaps one of the most pragmatic devices invented in the last decade was the smart thermostat. The problem with standard thermostats is that you actually have to be on the spot in order to use them, which can be an inconvenience.
Now, you can use your smartphone to control them and, in this way, adjust the temperature while you’re halfway home, instead of having to freeze while the place warms up or waste a small fortune heating an empty home for 8 hours. The reason why this brings so much value to your home is the fact that an average smart thermostat takes only two years to pay itself off.
This alone can be a justification for you to inflate the price. Nevertheless, like many other smart technology improvements, they only yield positive ROI if you don’t intend to sell your home right away. Moreover, traditional thermostats can be confusing, whereas smart thermostats are specifically made to be as intuitive as possible.
Full home automation
Every little bit helps, however, not everything is about saving money. Sometimes, making a home more convenient adds leisure that can give an additional appeal to your home. For instance, the saving achieved by installing a smart lighting system is lower than the one created by replacing all your incandescent bulbs with regular ones.
On the other hand, by doing both of these things, you can make quite the leap forward. Some home automation companies offer CBUS installers so you can remotely control your lighting, air conditioning and entertainment system.
Smart sprinkler system
If there is one trend that always holds true, it’s the fact that a frugal home always achieves a greater price. It is easier for people to justify spending more to if they firmly believe that this investment will save money in the future. This is the case with a smart sprinkler control system that reduces the overall water consumption of your backyard irrigation system by as much as 30 percent. Needless to say, this also makes the prospect of gardening much more compelling for a potential buyer, which gives you additional leverage, as well as no small of amount of extra resale value.
Smart security
The next issue on this list that needs to be addressed is the notion of smart door locks that boost your home’s security. Seeing as how one of the first things people do when they purchase a new home is change the lock, it is more than clear that potential buyers hold this feature in high regard. To make things even better, the cost of a smart door lock seldom exceeds $250, whereas it can be a deal-breaker if you don’t have one. In fact, it might even tip the scale in your favor and make you close the sale sooner.
Aside from this, you can also invest in a Wi-Fi surveillance system that you can access from your smartphone. In this way, you can check your property even while at work or on vacation. While this may not seem as much, it can be quite reassuring and give you a chance to alert the authorities.
The greatest advantage of smart technology is in the fact that it brings incredible value when compared to the cost of the devices in question and their installation. Apart from this, installing smart technology gives an immediate boost to the leisure within your home and even makes some short-term reductions to your utility bill. All in all, it is definitely an investment worth considering, regardless if you intend to sell or keep the place.