When you consider the next generation of renters, what do you think of? Adults under 40 will be the next large group of renters, and their needs and preferences are quite different from previous generations. To stay competitive as a property owner in Mohave Valley, it’s important to consider what young adults look for in a rental home and make the necessary upgrades.
Smart Technologies for Rental Properties
The rise of handheld smart technologies is making smart homes more common. Numerous young renters have been exposed to smart technologies, such as smart thermostats and lighting, in their family homes. These technologies allow users to adjust thermostats or control lighting with just a few clicks.
Smart technologies aren’t just fancy extras; they can substantially improve a rental home’s performance and attract quality, long-term tenants. Let’s explore the benefits of smart thermostats and lighting for rental property owners.
Benefits of Smart Thermostats
Programmable smart thermostats use advanced technology to learn your habits and automatically adjust temperature settings. They can track energy usage in real time, automatically adjust settings when no one is home, and provide remote control of the home’s climate.
Even though the initial cost of smart thermostats is higher than that of traditional ones, they can lead to substantial energy savings, potentially saving residents hundreds of dollars each year. Furthermore, smart thermostats maintain a customized and comfortable home climate at all times. Despite the higher upfront investment, smart thermostats are built to compensate for the cost through energy savings and improved efficiency in a short period.
Reason to Consider Smart Lighting
Smart lighting systems, much like smart thermostats, are built to reduce energy consumption and improve efficiency. These systems use high-efficiency light fixtures and automated controls to adjust autonomously based on occupancy and natural light conditions.
Smart lighting solutions can be programmed, managed via a mobile app, and tailored to save energy and improve home security. Of all the smart home advancements, smart lighting is among the most accessible and affordable, making it an excellent starting point for integrating innovation into your home.
To learn more about how smart technologies can improve your rental property management, contact Real Property Management Northern Arizona today. Our knowledgeable team is prepared to help you adopt the latest innovative solutions to improve efficiency and tenant satisfaction. Get in touch with us online or call 928-757-7368.
Originally Published on September 14, 2018
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