Several tenants are looking for apartments with smart technology devices installed. You might be worried that creating a “smart home” for your tenants will take time and money. The good news is that this is not the case; with a few fairly priced products, you can furnish your tenants with the tech-enhanced luxuries they desire. This blog post will discuss the top smart devices to add to a rental property in order to increase its value and desirability.
Based on a recent rent.com survey, 82% of renters want at least one smart device in their rental home, but almost 49% say they do not have any. This data shows a substantial demand for smart technology in rental homes, presenting Irmo property managers with an opportunity to make their rentals more competitive. One of the efficient ways to add worth to your rental property is by installing smart technology devices. These devices range from simple light bulbs to sophisticated security systems. Let’s take a look at some of the more cost-effective options for rental properties:
Smart Lighting. One of the most relevant devices in a smart rental home is a smart light bulb. These LED bulbs can change colors, turn on and off, and dim when controlled by a phone or voice assistant. They’re also extremely energy-efficient, which is beneficial to both you and your tenants. Smart light bulbs can be found for as little as $15 each, making them an excellent place to begin upgrading your smart rental home.
Smart Plugs. Smart plugs can be plugged into any outlet and subsequently controlled via phone or voice assistant. They allow you to control anything plugged into them, including lamps, coffee makers, and other appliances. Your tenants will appreciate the convenience, and you will appreciate the cost: a basic smart plug can be purchased for as little as $20.
Smart Speakers. Smart speakers, similar to the Amazon Echo and Google Home, are voice-activated devices that can play music, respond to questions, and set alarms. As they provide a convenient way to control other smart devices, they are gaining popularity in rental homes. Around $50 is the starting price for a basic smart speaker.
Smart Thermostats. Smart thermostats are a wonderful way to save both energy and money. They can be controlled via phone or voice assistant, and they will learn your schedule and adjust the temperature accordingly. A basic smart thermostat will set you back around $100.
Video Doorbells. Video doorbells are a great way to make your rental property more secure. And if you’re not at home, you can see who is at the door and converse with them. Some also record videos that can benefit both tenants and property owners. The cost of a basic video doorbell is usually around $200.
Smart Smoke Detectors. Smart smoke detectors are another excellent way to increase the security of your rental property. They can be connected to your phone, so you can be notified of a fire even if your tenant is not at home. A basic smart smoke detector costs roughly $100.
As you can see, there are multiple options for adding smart technology devices to your rental property without spending so much. You can provide your tenants with the desired convenience and peace of mind by installing a few of these devices.
Still have questions? Real Property Management Midlands has expert advice on how to upgrade your rental property with smart technology. Contact us online today!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
