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 convey big demand for smart tech in rental homes and a probability for Saint Charles property managers to make their rentals more competitive. One of the appropriate ways to add value to your rental property is by incorporating smart technology devices. These tools can range from simple light bulbs to more complex security systems. Let’s check out several of the more budget-friendly options that work well for rental properties:
Smart Lighting. One of the most famous devices in smart rental homes is smart light bulbs. These LED bulbs could be controlled with a phone or voice assistant and can change colors, turn on and off, and dim. They are furthermore very energy-efficient, which is a benefit for you and your tenants. You can buy smart light bulbs for as little as $15 each, making them one of the ideal places to embark on upgrading your smart rental home.
Smart Plugs. Smart plugs could be plugged into any outlet and then controlled with a phone or voice assistant. They let you control anything plugged into them, which means you can turn on and off lamps, coffee makers, and more. Your tenants will relish the convenience, and you will enjoy the price: a basic smart plug starts at about 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 getting progressively popular in rental homes as they are an easy and convenient way to control other smart devices. The cost of a basic smart speaker starts at around $50.
Smart Thermostats. Smart thermostats are a perfect way to conserve energy and money. They can be controlled with a phone or voice assistant, and learn your schedule to adjust the temperature automatically. You can search for a basic smart thermostat for around $100.
Video Doorbells. Video doorbells are a suitable method to magnify security at your rental property. They help you to know who is at the door and talk to them despite the fact you’re not home. Some also record videos that can support both tenants and property owners alike. A basic video doorbell in most cases runs around $200.
Smart Smoke Detectors. Smart smoke detectors are another appropriate 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, although your tenant is not home. You can buy a basic smart smoke detector for around $100.
So as you can very well see, there are various budget-friendly options for setting up smart technology devices for 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 Endeavor has expert advice on how to upgrade your rental property with smart technology. Contact us online today!