The Impact of Home Automation on Home Value and Resale

The Impact of Home Automation on Home Value and Resale

Traditionally, home owners would fix or renovate some parts of the house prior to listing for selling, so that it increases the resell value.

Today there are other ways to add even more value to a house, that is with the help of smart home automation.

Home automation can have a positive impact on the value of a house. Research has shown that a smart home system can increase a home’s value by up to 5%, and make it more attractive to potential buyers.

In a competitive real estate market, a smart home can set a property apart, giving it a modern and attractive edge. Additionally, smart home technology offers numerous benefits, such as energy efficiency, increased safety and security, and improved convenience, which can also contribute to a higher perceived value of the property.

Ultimately, the impact of home automation on a home’s value depends on several factors, including the quality and scope of the system, market demand, and the local real estate market.

Here are some ways smart home devices can improve the reselling value, the home automation devices that have the greatest impact on a home’s value when reselling typically include:

  1. Smart Thermostats
  2. Smart Security Systems
  3. Smart Lighting
  4. Smart Door Locks
  5. Smart Home Hubs

Overall, the devices that have the greatest impact on a home’s value when reselling are those that provide practical benefits, such as improved security, energy efficiency, and convenience.