How Smart Home Features Can Elevate Your Property’s Value
How Smart Home Features Can Elevate Your Property's Value

In today's rapidly evolving real estate market, homeowners and potential buyers are constantly
looking for ways to enhance property value. One of the emerging trends is the integration of
smart home technology. But do these modern upgrades actually boost your home’s resale
value? The answer is a resounding yes, though with certain nuances worth considering
The Value of Smart Home Upgrades
Recent studies, including insights from the National Association of Realtors (NAR), suggest that
smart home features can potentially increase a home's resale value by up to 5%. This is
particularly evident in markets where tech-savvy buyers are prevalent. Smart thermostats,
security systems, and eco-friendly lighting are among the features that not only appeal to the
convenience factor but also to energy efficiency, which is increasingly on buyers' radar.
ROI of Smart Technologies vs. Traditional Renovations
While traditional renovations such as updating kitchens and bathrooms still hold significant
value, smart technology enhancements are carving out their own niche. The return on
investment (ROI) for smart upgrades can be substantial, but it isn’t as predictable as more
conventional home improvements. Factors influencing the ROI include the type of technology
installed, the integration within the home, and the market’s familiarity and comfort with smart
home capabilities.
Considerations for Sellers
If you’re considering selling your home and have invested in smart technologies, it's essential to
distinguish between removable and fixed smart features. Removable items like smart TVs and
portable appliances can travel with you to your next home. However, built-in components such
as smart ovens and integrated refrigerators are typically considered fixtures of the home.
Removing these could necessitate replacement, which might affect the home’s market
readiness and appeal.
For homeowners contemplating smart upgrades, careful planning is crucial. It’s important to
assess which technologies will offer the best ROI and enhance the living experience for
potential buyers. Consider consulting with a real estate professional who can provide insights
into which features are most sought after in your specific market.

