A smart home is a home that uses devices connected to the Internet to allow remote monitoring and management of appliances and systems, such as lighting and heating. The house must have an intelligent security feature or an intelligent temperature function, in addition to a reliable Internet connection. Then, you must include at least two functions from a list of smart options, including appliances, entertainment, lighting, outdoor sensors, and security detectors. A smart home system works when a group of smart devices and appliances receive or sense commands.
Smart entertainment systems are considered the gateway to smart home technology, according to the Coldwell Banker survey. Coldwell Banker and technology review site CNET teamed up to answer this question by organizing a new fire test for smart homes and creating a checklist for home buyers and sellers to use to help determine if their properties qualify. In recent years, smart home devices and environmentally friendly features have become more important to buyers and real estate agents are increasingly using them as points of sale in a listing, said Chad Curry, managing director of the Real Estate Agent Technology Center at the National Association of Real Estate Agents. According to the Coldwell Banker survey, about 31 percent of people with smart home technology have some type of smart security system.
About 44 percent of people with smart home technology own smart entertainment products, such as televisions or speaker systems. Choosing durable, eco-friendly floors, changing LED bulbs, and improving insulation can all be considered smart home improvements. Smart home technology is also making home maintenance easier and more effective, says Dan DiClerico, home expert and smart home strategist at HomeAdvisor. Sean Blankenship, marketing director at Coldwell Banker, says the partnership grew out of a multitude of requests from agents on how to properly define a smart home for home buyers and sellers.
About 58 percent of people surveyed by Coldwell Banker said that a pre-installed smart security system would be the most attractive type of smart technology when buying a new home. While a complete smart home system that uses the latest technology is certainly expensive, you can create an inexpensive DIY version if you start small. The key is to have smart products installed and up and running before putting your house up for sale, since most buyers don't want a pre-wired home that still needs to install products. Today's smart homes combine the latest technological innovations and automations with sustainable, durable and energy efficient methods and materials.
Millennials are leading the smart home industry, but all demographic groups enjoy the powerful features offered by these devices.