The Housing Market and Home Automation: What You Need to Know

The Housing Market and Home Automation: What You Need to Know

The real estate market is a wild, wild place right now! Thankfully buyers, sellers, and simply curious homeowners can turn to West USA Realty of Prescott to navigate it and get the information and resources they need to make informed decisions. For example, if you own a home and are thinking about making it smarter with tech, you may need to know which updates will pay off and whether or not your home really needs to be a genius to impress potential buyers. These are tricky questions to answer but these insider tips can help! 

There Is Such a Thing as Too Smart 

Adding a ton of smart home features may seem like a good idea for sellers. However, it’s important to keep in mind that buyers need to be able to picture themselves living in your home. This typically means offering them a somewhat blank slate during showings, and too much tech could end up throwing this aesthetic off. Of course, this all depends on your market. 

This is why before you add or take away from your current home automation, you should ask a local realtor for advice. If you’re selling(or buying) in and around the Prescott, AZ area, you can connect with West USA Realty of Prescott by calling Mike Eastwood Chief Executive Officer (928) 636-1500 

Some Updates Can Boost Home Value 

Now, this isn’t to say that there aren’t certain smart home features that today’s buyers are looking for in their new homes. Any updates that boost the security or functionality of your home could end up paying off big time at closing. Check out the latest home security systems, which you can compare and shop for on the Verizon website. 

You have the option to customize your security system to fit your needs. But what if you decide to sell your home? If your buyer doesn’t want the tech, you can simply take it with you to your new home. This is what makes smart systems such a good value for folks who may be selling or moving soon.

Chances are, though, that buyers will be ecstatic that your listing includes an updated security system. In fact, this is just the sort of tech update that can increase your home’s value. Once again, it’s always best to consult with your realtor before investing in upgrades to sell a home. 

Tech is a Plus but May Not Always Be a Must 

If you’re reading this because you want to invest in tech for your home — and you’re just wondering how that could impact your home value or a sale in the distant future — then definitely add whatever gadgets will help you live a more convenient and comfortable life! 

However, if you are thinking of listing your home soon and are also thinking you need to budget for home automation in order to sell it, you may want to think again. The housing market has been on fire over the last few months, and you may have more leverage with buyers. This means that you may be able to save those extra dollars and sell your home as-is. 

We’re going to start to sound like a broken record here but, again, it is important to consult a realtor before you make any changes or updates to a home that you plan on listing. Typically, the only must-complete projects are the ones that address major home repairs and issues, but the right tech can be a welcome and even lucrative bonus!

The future of home automation is looking bright. If you’re a current homeowner, feel free to invest in whatever tech you need to make your life easier. Just remember to ask an expert before you consider adding tech solely to increase home value or add appeal for potential buyers. Finally, if you’re a buyer, know that automation doesn’t have to be a deal breaker, especially when it’s easy to add these features later!  By Derek Goodman