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

HMRC ramps up scrutiny of residential property valuations as it cracks down on inheritance tax avoidance

  Taxman’s requests for help from the Valuation Office Agency with property valuations in IHT returns rises nearly 25% Rise reflects HMRC’s increased efforts to recover revenue from underreported and misvalued estates.   HM Revenue & Customs is increasingly challenging residential property valuations in inheritance tax (IHT) returns, with the number of cases referred to…
Read More →
Breaking News

Renters urged to understand their new rights before major law change

With just one week until the first phase of the Renters’ Rights Act comes into effect, renters across England are being urged to understand how the changes will affect their rights, tenancies and day-to-day renting experience. From 1 May 2026, the new legislation will introduce wide-ranging reforms designed to provide greater stability, clearer rights, and…
Read More →
Adding second coat of varnish floor boards
Home and Living

The Foundation of Your Home: Why Your Subfloor Dictates Your Flooring Destiny

In the field of residential and commercial renovation, the aesthetic selection of a floor covering—be it the grain of a hardwood plank, the texture of a stone tile, or the finish of a luxury vinyl—often commands the most attention. However, from a technical perspective, the long-term performance and durability of these materials are entirely dependent…
Read More →
Breaking News

Almost £1.4m difference in property prices between the start and finish lines of London Marathon

The latest property market analysis from London’s number one lettings and sales estate agency brand, Foxtons, has revealed that there’s a difference of almost £1.4m in the average sold price from the starting point of the London Marathon and the finish line. As London’s largest estate agent, Foxtons holds an unrivalled view of the London…
Read More →
Rightmove logo
Breaking News

Demand drops year-on-year for commercial property from high base

Three out of four of the main commercial property sectors saw a yearly decline in demand both in terms of leasing and investment in the first quarter of the year, amid speculation about interest rate hikes following the start of the war in Iran. According to Rightmove’s Commercial Insights Tracker for Q1 2026, the office…
Read More →
Breaking News

Property market is improving

Property market is improving, but more sellers are cutting prices and withdrawing from the market The latest market data analysis from House Buyer Bureau has found that whilst the property market is showing signs of improvement, more sellers are still being forced to cut their asking price, endure a failed sale, or withdraw from the…
Read More →