Many tenants are looking for properties that have smart technology devices installed. You may be worried that you need to invest time and money in creating a “smart home” for your tenants. The good news is that this is not the situation; with only a few budget-friendly products, you can offer your tenants the tech-enhanced conveniences they want. This blog post will discuss some of the best smart devices to add to the 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 indicate strong demand for smart tech in rental homes and a chance for Bonaire property managers to make their rentals more competitive. One of the best methods to add value to your rental property is installing smart technology devices. These devices can range from simple light bulbs to more complex security systems. Let’s examine some of the more budget-friendly options that work well for rental properties:
Smart Lighting. One of the most popular 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 extremely energy-efficient, which represents a bonus for you and your tenants. You can find smart light bulbs for as little as $15 each, which makes them one of the best 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 allow you to control anything plugged into them, which means you can turn on and off lamps, coffee makers, and more. Your tenants will love the convenience, and you will love 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 more. They are turning out to be progressively more popular in rental homes as they are a useful route to control other smart devices. The cost of a basic smart speaker starts at around $50.
Smart Thermostats. Smart thermostats are a great way to save energy and money. They can be controlled with a phone or voice assistant, and learn your schedule to adjust the temperature automatically. You can find a basic smart thermostat for around $100.
Video Doorbells. Video doorbells are a great way to increase security at your rental property. They allow you to see who is at the door and talk to them even if you’re not home. Some also record videos that can be helpful for both tenants and property owners alike. A basic video doorbell often runs around $200.
Smart Smoke Detectors. Smart smoke detectors are another great way 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 find a basic smart smoke detector for around $100.
As you can see, there are many 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 are looking for.
Still have questions? Real Property Management Vesta has expert advice on how to upgrade your rental property with smart technology. Contact us online today!
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