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

Breaking News

Latest ONS Private Rent and House Prices Index

Average UK monthly private rents increased by 5.0%, to £1,360, in the 12 months to October 2025 (provisional estimate); this annual growth rate is down from 5.5% in the 12 months to September 2025. Average rents increased to £1,416 (5.0%) in England, £817 (6.7%) in Wales and £1,008 (3.4%) in Scotland, in the 12 months…
Read More →
Estate Agent Talk

Winter property checklist: How to protect your home this season

As temperatures drop and winter approaches, Propertymark, the leading professional body for estate and letting agents, is urging homeowners and tenants to prepare their homes for the colder months with a few simple maintenance checks that can prevent costly damage and ensure safety and comfort throughout the season. According to Propertymark, winter is one of…
Read More →
Breaking News

London homebuyers have paid nearly £25bn in Stamp Duty over the last decade

The latest research from Jefferies London shows that, as many await news of potential Stamp Duty reform in the upcoming Autumn Budget, homebuyers across the capital have collectively paid almost £25bn (£24.9bn) in Stamp Duty over the last ten years, with buyers in prime central London contributing the largest share by a considerable margin. Jefferies…
Read More →
Letting Agent Talk

Slow maintenance responses are driving tenant anxiety

New research from Adiuvo, the UK’s leading provider of 24/7 property management support, reveals that almost 60% of tenants report feeling increased stress or anxiety as a result of maintenance issues in their rental property, and for most, the lack of landlord action is more stressful than the maintenance issues itself. Adiuvo has surveyed 1,.013…
Read More →
Estate Agent Talk

Agent confidence split as housing market braces for Autumn Budget impact

The latest agent sentiment survey from GetAgent.co.uk reveals that, while property market activity has remained resilient through 2025, confidence among agents is now divided as the industry awaits key housing announcements in the Autumn Budget. The survey of estate agents, commissioned by GetAgent, found that whilst cautiously optimistic, there are increasing concerns about external economic…
Read More →
Breaking News

Letting agents to play pivotal role in Renters’ Rights Act rollout

The latest lettings sector insight from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has revealed that 57% of landlords do not feel prepared for the introduction of the Renters’ Rights Act, with many looking to their letting agent for guidance, highlighting the vital role letting agents will play in helping…
Read More →