You want technology in your Los Angeles home as a convenience, but did you ever consider it could be a selling point?
Technology for real estate
Today’s buyers are looking for the convenience and energy efficiency that comes with high-tech gadgets in the home. One example of this is the Nest Learning Thermostat. Nest is a thermostat that is programmable, but also is easy to use. What makes it unique is that it can learn your habits to offer you optimal climate control, perfect for homes in Los Angeles.
Some other examples of home gadgets are smartphone locks that allow you to lock your doors without a key. These locks also monitor who is coming and going, such as teenagers, housekeepers, or nannies. You can also expect to see interactive voice control products in houses in Los Angeles in the near future.
The inspiration for gadgets like these came from smartphones and tablets. These handy devices are sleek, highly functional, and are steadily replacing clunky cell phones and computers.
As with any technology, home technology products open up a chance for privacy and security risks. Manufacturers are compensating for this with more encryption and security features in newer products.
Designers and manufacturers see smart technology as the next step in home automation. The home technology industry is growing at a projected 11.5% rate, for a total of about $14.1 billion worldwide by 2018.
The smart technology market is being driven by home buyers. Many of the products already on the market are available at mass-market hardware stores for reasonable prices. You can bet that Los Angeles luxury home buyers will expect these features in the next house they purchase.
The smart technology market is being driven by home buyers, and savvy homeowners will take note. While home automation seldom raises a property’s appraised value, buyers have shown they are willing to pay more for it. Both the National Association of Home Builders and the Consumer Electronics Association estimate that buyers will pay 3-5% more for a home with smart technology. You can bet that Los Angeles luxury home buyers will expect these features in the next house they purchase.
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Photo courtesy of Forbes.com.