Lots of Bullhead City property owners wonder if indeed installing smart home technology in their rental property is a worthy investment. The short answer is that the probable returns for most smart home devices vary. Thus, what are the perfect smart home gadgets for a rental property? Let’s look at those that are in great demand among renters across the country.
Advanced Safety Systems
As reported by a current survey, more than 75% of renters are willing to pay a premium rent for dwellings that count various smart home features. Needless to say, more than half of these renters said they would give payment of an extra $20 or more for smart home features. Renters particularly asked for three types of smart home equipment, with safety features including smart locks and smart doorbells topping the list.
Smart locks are electronic devices that help you and your tenant to secure or access a property without the utilization of a physical key. There are quite a lot of types of smart locks, though the majority are opened by taking advantage of a phone app or a pin code. Tenants prefer smart locks by reason that they can check out their home security from their phones, while Bullhead City property managers select smart locks simply for the reason that they want to steer clear of the need to replace locks when tenants change. Smart doorbells, however, help tenants filter guests and verify who is coming and going from the property. This security feature might be very delightful, particularly to younger adult tenants who very much enjoy keeping a close eye of their home and valuables.
Smart Energy Management
Tenants are similarly interested in smart home devices that help watch and cut utility expenses. Smart thermostats, smart light bulbs, and smart plugs are all well-liked products that can be checked via a smartphone app. The app assists you to control the thermostat temperature, turn on and off lights, and turn off energy to outlets. These gadgets assist to save energy and prevent the risk of fire or other hazards attributable to leaving things on. The fact that these devices are rather low cost to install though they may be of great interest to renters is possibly the most important benefit for property owners.
Last but not least, moisture sensors are smart home gadgets that endow multiple benefits to both tenants and property owners. Water leaks are one of the most common issues that tenants and property owners confront. Basements, under cabinets, and behind appliances are all common issue spots where water leaks can form and go undiscovered for a long time. Water damage is an expensive repair, mainly if it has progressed to the point where wood rot or mold has built up. Furnishing smart moisture sensors can alert you in detecting water leaks earlier and schedule necessary maintenance and repairs more speedily and very easily. Your tenant will be relieved that water-related damage has been avoided, and you will save money by steering clear of pricy emergency repairs.
In closing, the prime smart home tech for your rental property are those devices that will pay you back in higher rent or happier tenants – or both. It may, moreover, invite a more tech-savvy renter demographic to your rental property if that is something you’ve desired to do.
Real Property Management Northern Arizona can aid you to optimize your profits and modernize your rental property. Contact us online today!
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