Is a Smart Home worth more money?

January 6, 2016

Being Smart brings to mind a whole host of thoughts… Do you mean being sensible, is it being good at using a Smart Mobile Phone or does it refer to what you control remotely?

Well for this blog we will take a look at all three of these things by way of Smart Technology for your home which each of the elements above describe. Smart Homes / House Automation is explained here in more detail Wikipedia.

Does Smart technology help to increase the value of your home though? Is it what people really want and will the investment you make give you a return on investment when it comes to selling? For sure some people install smart technology to suit their own lifestyles and if when it comes to selling their property it has added value, then it is just a bonus – Others will be designing / renovating / updating their property with a view to add Smart technology to add value.

People’s requirements from their homes are changing and what they valued years ago may have changed over recent years, I have heard that recent surveys show that perspective home owners are wanting faster broadband over larger gardens which is certainly a different way of putting a value to a home.

Let us look at some key benefits of adding Smart technology which can help when it comes to selling / renting property:

  • Saving money. Did you know that on average, approximately 60% of your homes energy bill is spent on heating and for many of us we will sure be heating our homes when we are not present, either to have it warm ready for when we get back, or that the length of time we are out does not really warrant us to turn it off or set the timers etc. By using a smart system, connected via wifi that we can control on our mobiles, we can remotely set our heating times? Maybe you finish work and had the timer set ready to go on an hour before you get back home, though last minute you planned to stop over with a friend, or you decided on a few drinks at the bar after work – These kind of everyday occurrences cost you money and which Smart technology can save you money on. Not only heating, but Smart also offers control over the likes of lighting which can help to energy costs and lifetime of LED bulbs etc. We also have electrical items controlled by Smart, surround sounds / audio, security systems such as alarms / cctv and much more.

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Rightmove logo
Breaking News

Rightmove asks government to carefully consider property tax changes

The UK’s largest property platform Rightmove is asking the government to carefully consider the impact of any changes to property taxation to avoid unintended consequences which would risk stalling parts of the market. Key data National property tax Just under a third (30%) of homes for sale in England are priced at over £500,000, and…
Read More →
Estate Agent Talk

Get Fast and Reliable Basement Flood Cleaning Services

Having water in your basement is awful. It could be because of a storm, busted pipe, or bad sump pump. Whatever the reason, water damage in your basement has disastrous effects if not dealt with. Basement Flood Cleaning Services are what you need. They will dry it out, disinfect the floor, and have your basement…
Read More →
Breaking News

Breaking Property News 21/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Providing comprehensive, predictive operational intelligence across all aspects of building operations  JLL (NYSE: JLL) this week introduced artificial intelligence (AI) capabilities that are now available as an add-on to Prism, its award-winning building operations platform. As part of JLL’s property management technology ecosystem powered by…
Read More →
Breaking News

UK House Price Index summary: June 2025

The average monthly rate of house price growth in June was 1.4%. The average annual rate of house price growth in June was 3.7%, up from 2.7% in May. As a result, the average UK house price remains at £269,000.   CEO of Yopa, Verona Frankish, commented: “June’s figures reflect a market that is steadily…
Read More →
Breaking News

Private rent and house prices, UK: August 2025

Average UK monthly private rents increased by 5.9%, to £1,343, in the 12 months to July 2025 (provisional estimate); this annual growth rate is down from 6.7% in the 12 months to June 2025. Average rents increased to £1,398 (6.0%) in England, £807 (7.9%) in Wales, and £999 (3.6%) in Scotland, in the 12 months…
Read More →
Breaking News

Industry response to latest inflation figures

Nathan Emerson, CEO of Propertymark, comments: “Unfortunately, any increase seen within the rate of inflation does brings very justified concerns to consumers, many of whom are still struggling with the cost of living, which has been steadily rising over the past few years. “Although there is more work to be done to help ensure inflation…
Read More →