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Does A Smart Thermostat Increase Home Value?

A lady with smart blinds.

The real estate market is as wild as ever, and everyone is looking for ways to increase their home’s value and get ahead (or at least keep pace with the market). As a homeowner, you know that you have to spend and invest back into your home to get the most out of it, both as an improvement to your quality of life and to the monetary value of your house. One of the easiest ways to go about both ends of this is by building or making your home into a smart home.

Prospective home buyers are often looking for the latest smart home technology when shopping for a new house. They do so because they know that it will greatly improve their lives and that the house’s value will rise exponentially. The reason for this is that smart homes just bring about so many benefits for you, hence the improvements in your life’s quality as you occupy this house. A few of the benefits that they can bring for you include increased safety, increased convenience, and increased savings. 

Increased Savings

Let’s explore the question at hand: does a smart thermostat increase home value? Well, let’s explore it with another question: what does a smart thermostat provide for you? To begin, the aforementioned savings in terms of energy efficiency go beyond just monetary gains; it can also help you cut down on your carbon footprint.

With the smart thermostat in place, it will be controlling your home’s HVAC system, keeping the room temperature at whatever you set it at all times. This way, the heater won’t overheat your indoors and the AC won’t over cool it as well. Furthermore, you can access it with your smartphone, so if you aren’t home, you can turn off or lower your thermostat’s settings to help you save.

Home buyers know these facts and will be willing to spend more for homes that already have the smart thermostat in place. This is one of the main ways that the thermostat increases your house’s value. The potential monetary gains from a sale plus the savings you get over the period of time that you use it are the main reasons it increases your home’s value.

More Savings in Energy Saving Blinds

You can further increase your home’s resale and its energy efficiency if you continue to add to its smart home features. One such type of product that can go a long way in adding to both is smart shades. They are the most energy-efficient window coverings because they can be controlled and programmed to operate at the most ideal times during the day. You can have them programmed to open up when the sun comes up in the morning, decreasing your need for artificial lighting. You can have them close during the peak sunlight hours of 10 am to 4 pm, reducing the amount of solar heat gain you receive and lowering your need for AC usage, and you can have them open up again until the sun comes down, again lowering your usage of electrical lights.

A lady operating her blinds with her phone.

Smart shades is an umbrella term that encompasses many types of shades, including cellular shades, roller shades, roman shades and zebra shades. The wide variety of types allows you to have various levels of light control, from full blackout to light filtering to sheer. In a general sense, the more light blocked out during peak sunlight hours you get, the more heat gain you will prevent. But the drawback to darker or blackout fabrics is you won’t be able to enjoy light coming in the off-peak hours unless you open the shades. So the amount of savings you get will depend on how you operate and program the shades, but with smart technology, it should be a lot easier and more convenient to do so.

Increased Safety

Another feature smart shades and motorized blinds can bring to your home is the added security they bring. Along with a proper smart home security system and smart locks, prospective buyers will see these and know that they are buying a home that will keep them and their families safe. Smart shades can be operated at any time of the day with your smartphone, so you can have them close whenever you want to keep away prying eyes. This is especially true if you are away from your home for a prolonged period of time. You can have the shades operate regularly, giving the appearance of an occupied home.

Safety can also be added by getting things like video doorbells and smart lighting installed all over your home. The latter can be used in conjunction with the smart shades to mimic a house with people inside. While the former will allow you to see who is at your door before you even open it. All of these added features will tell buyers that the house was well taken care of and well thought out in how it was put together, making it a lot more desirable driving up the bidding price.

Smart Tech to Increase Home Value

To answer the original questions posed at the top of this blog, yes a smart thermostat (along with other smart home technologies) will increase your home’s value and what they will provide for you is a lot of convenience and ease of mind. Don’t think of it as making your life easier by doing all the work for you and by extension making you lazy. Think of it as passing along some more tedious tasks to computers and AI, allowing you to be more productive. You can instead use the freed-up time on other things like exercise, self-care, hobbies, studies and maybe even a side-hustle. With that, home buyers will see and know what they are set to gain by potentially buying your house, increasing your home’s value as they try to outbid other buyers, increasing your monetary gains.