Along with the proliferation of handheld smart technologies, smart homes have gained momentum in recent years and will most likely continue in the coming years. Many young renters have grown up with certain smart technologies in their rental homes, particularly smart thermostats and lighting. These technologies have made it possible to operate a thermostat or turn lights on or off with just a few clicks. These technologies are not only showy extras: smart technologies can significantly improve the performance of a rental home, as well as attract quality, long-term residents. Let’s take a closer look at smart thermostats and lighting, and what benefits they might offer you as a rental property owner.
Upgrading to a Smart Thermostat
What makes a thermostat “smart”? Smart thermostats are technically programmable thermostats that learn from your behaviors. They can collect information about your energy consumption in real time, adjust automatically if no one is home, and control the home’s interior climate remotely. They can learn your schedule and the temperatures you prefer through the changes you make to the settings. Then, they can adjust and adapt automatically if your lifestyle changes. Concerning cost, smart thermostats can save residents hundreds of dollars each year on energy costs and ensure a customized, comfortable climate at all times. While smart thermostats are a bit expensive, they more than makeup for the price in a relatively short amount of time.
Upgrading to Smart Lighting
Smart lighting, like smart thermostats, is a lighting system designed to save energy. High-efficiency fixtures and automated controls can adjust automatically based on how many people are in the home and how bright it is outside. Smart lighting can be programmed to fit your routine, controlled with an app, or otherwise customized to conserve energy and improve security. Among the smart technology upgrades, smart lighting is one of the easiest and least expensive options, which makes it a great place to start.
For the tech-savvy renters of today, the protection, availability, and performance of smart technologies is a strong draw. Rental property owners with these features may find great success in luring the under-40 crowd by upgrading to one or more smart features. For more information, please contact us online or call us at 254-732-1599.
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