Many tenants are looking for properties that have smart technology devices installed. You may be worried that you have to invest time and money in creating a “smart home” for your tenants. Thank goodness, this isn’t true; with just a few budget-friendly products, you can offer your tenants the tech-enhanced conveniences they want. This blog post will talk about some of the best smart devices to add to your rental property that adds value and appeal.
According to a recent survey on Rent.com, 82% of renters want at least one smart device in their rental home, but nearly 49% say they don’t currently have any. These statistics show solid demand for smart tech in rental homes and a chance for Columbia property managers to make their rentals more competitive. Probably the most effective way to add value to your rental property is by adding smart technology devices. These gadgets can range from simple light bulbs to more complex security systems. Let’s analyze a few of the more budget-friendly options that work well for rental properties:
Smart Lighting. One of the most common devices in smart rental homes is smart light bulbs. These LED bulbs can be controlled with a phone or voice assistant and can change colors, turn on and off, and dim. They are also very energy-efficient, which is beneficial for you and your tenants. You can buy smart light bulbs for as little as $15 each, making them one of the ideal places to start upgrading your smart rental home.
Smart Plugs. Smart plugs can be plugged into any outlet and then controlled with a phone or voice assistant. They permit you to control anything plugged into them, which means you can turn on and off lamps, coffee makers, etc. Your tenants will enjoy the convenience, and you will like the price: a basic smart plug starts at around just $20.
Smart Speakers. Like the Amazon Echo and Google Home, smart speakers are voice-activated devices that can play music, answer questions, set alarms, and so on. They are becoming more popular in rental homes as they are a simple way to control other smart devices. The price of a basic smart speaker starts at around $50.
Smart Thermostats. Smart thermostats are a great device to set aside energy and money. They can be controlled with a phone or voice assistant, and learn your schedule to adjust the temperature automatically. You can buy a basic smart thermostat for around $100.
Video Doorbells. Video doorbells are an excellent tool to increase security at your rental property. They allow you to view who is at the door and talk to them even if you’re not home. Some also record videos that can be favorable for both tenants and property owners equally. A basic video doorbell commonly goes around $200.
Smart Smoke Detectors. Smart smoke detectors are another perfect choice to increase security at your rental property. They can be linked to your phone, so you can be alerted if there is a fire, even if your tenant is not home. You can get a basic smart smoke detector for around $100.
As you can see, there are multiple budget-friendly options for adding smart technology devices to your rental property. By installing just a few of these devices, you can offer your tenants the convenience and peace of mind they need.
Do you still have questions? Real Property Management Titan has expert advice on how to upgrade your rental property with smart technology. Contact us online today!
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