Top smart security features that attract modern homebuyers and increase property value
Key findings:
- Smart security upgrades like cameras, locks, and integrated systems are becoming essential in modern homes
- These features can differentiate a property in the competitive real estate market, particularly appealing to first-time and tech-savvy homebuyers
- Investing in smart security technologies can lead to higher offers and quicker sales
Smart security features are rapidly becoming the new must-haves in modern homes, as buyers increasingly prioritize both safety and convenience. In fact, according to the National Association of Realtors, 77% of home buyers are now interested in smart home technology. Beyond enhancing security, these systems are proving to be valuable assets, potentially boosting a property’s appeal and market value.
“Smart home security features have become a major selling point in recent years,” explains a security professional at Automatic Technology (ATA), a leading provider of innovative garage door and gate openers. “Data shows that homes equipped with comprehensive smart security systems are commanding noticeably higher prices compared to those without.”
With smart security upgrades becoming an incredibly attractive investment, especially for those planning to sell their property, ATA shares their list of the best upgrades for adding value to a home.
Top Smart Security Upgrades That Add Value to Homes
- Security Cameras
Security cameras equipped with motion-activated lights serve a dual purpose—surveillance and illumination.
“These devices not only deter potential intruders but also provide valuable footage if needed,” explains ATA.
While exact data on the exact home value added by security cameras is hard to come by, surveys have shown that insurance premiums can be cut by up to 20% with their installation. On top of that, homes with security systems installed, featuring security cameras, can sell for as much as 3.5% more than those without.
- Smart Locks
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Smart locks improve security and convenience, allowing you to control access remotely and track who enters or exits your property.
‘Smart locks are great tools for homeowners who frequently need to give access to service workers or guests without the hassle of physical keys,’ says ATA.
Some sources report smart locks contributing over $240.00 to a property’s value. This gives homeowners at least an equal return on their investment while adding security, offering added peace of mind and making the property more attractive.
- Integrated Smart Home Security Systems
Comprehensive systems that integrate various smart devices provide superior security and often lead to significant increases in home value.
“Homes with fully integrated smart security systems stand out in the market,” the expert notes.
Research indicates that IoT devices can increase a property’s resale value by as much as $363 per square foot, reflecting the growing importance of these systems.
4. Smart Garage Door Openers
Smart garage door openers offer both enhanced security and convenience, making them a valuable addition to any home.
“Smart garage door openers allow homeowners to control and monitor their garage door from anywhere using their smartphone,” explains ATA. “This improves security by allowing you to check if you’ve left the door open, while also adding convenience for daily life and when welcoming guests or receiving deliveries.”
While exact figures on investment returns on smart garage doors are hard to come by, research shows that installing new garage doors nets sellers a 103% return on investment. Furthermore, homes with high curb appeal sell for on average 7%, something that smart garage doors contribute significantly to.
The security professional at Automatic Technology comments:
“When you invest in smart security, your upgrades often can make a noticeable boost in your property’s value and appeal. These features can attract more interest, particularly from first-time buyers who appreciate both the added security and convenience. These upgrades can potentially lead to quicker sales and higher offers, making smart security a valuable investment for improving your home’s overall marketability.”
Sources
- Smart homes selling for 3.5% more: advancedalarm.net
- Data on resale value and percentage of buyers interested in IoT: nar.realtor
- Insurance premiums cut by 20% with cameras: Caught on Camera
- Smartlock property value increase: housebeautiful.com
- $363 per square foot: Safewise
- Curb appeal 7%, and 103% return on garage door investments: Igstrup .