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It’s no surprise that in 2020 technology plays a role in almost every aspect of our lives, and smart homes are adding to that with new products and features constantly hitting shelves, aiming to make consumers’ lives easier.

Everyone knows you can ask your digital smart home assistant to play music or order more paper towels, but did you know upgrading to smart features can actually help save you money and increase the value of your home?

Smart products can help you market your home as more eco-friendly, which in turn creates a lower energy bill. These will add value to your home when you’re ready to list, and help it stand out among others.

Here are three pieces of smart technology you can install to help convert your home into a smart home:

Smart Thermostat

This is an important one. A smart thermostat can help save around 15% on your energy bills, and it’s a more environmentally friendly way to manage the temperature in your home. 

Smart thermostats learn about behaviour and self-adjust to become more efficient after a few days.

They can also be controlled from an app, giving you the ability to control your temperature while you’re away too.

Because of the steady savings they bring, smart technology thermostats are a big hit among smart homes and will add appeal for prospective buyers. Especially those from the millennial generation.

Smart Lighting

Smart lighting is another popular way to help transform your home. Just like a thermostat, smart lights can be controlled from an app, so you never have to worry about forgetting them on.

Smart lights are LED, which gives them a much longer lifespan and uses less energy than traditional bulbs. And if you’re looking for something fun, there are many options which allow you to set the colour of the lights and sync them to your favourite music playlist or movie.

The combination of more eco-friendly lights and the ability to control them all at your fingertips will help reduce the cost of your energy bills. No more wondering if you forgot to turn off the bathroom light before leaving the house.

Smart Security

Installing a smart security system in your home may not just give you peace of mind; it could also help you save on your home insurance.

Many insurance companies offer discounts if your home has an alarm or security system to help deter theft and damage. Sometimes a smart security system can even be worth a deeper discount.

Lock and unlock doors or view live video footage remotely all through your smart security system’s app. 

The added features of smart technology are sure to help prospective buyers feel more at ease about their decision to purchase your home, knowing they will have a sense of security and a lower cost of living.

These are just a few of the ways you can convert your home into a smart home. Other smart gadgets include flood detectors, sprinklers, doorbells, appliances, and many more.

In a time where we are all doing our part to live a greener life and stretch a dollar as far as it’ll go, these changes are sure to both boost the value of your home and save you money in the meantime.

Selling your home? Click here to connect with a professional REALTOR® to help you get great results in your local real estate market.