What thoughts come to mind about the next generation of renters? Adults under 40 are the next major group of renters, and their preferences differ greatly from those of older generations. Property owners in Merrifield need to stay competitive in the single-family rental market by considering young adults’ needs and updating their rental homes.
Smart Technologies for Rental Properties
The rise of handheld smart technologies is making smart homes more common. Many young renters are accustomed to smart technologies like smart thermostats and lighting from their family homes. Using these technologies, one can adjust a thermostat or control lights with just a few clicks.
Far from being just fancy extras, smart technologies can greatly improve a rental home’s performance and attract quality, long-term residents. Let’s investigate the benefits smart thermostats and lighting can offer you as a rental property owner.
Benefits of Smart Thermostats
Smart thermostats, equipped with advanced technology, learn your behavior and adjust the temperature settings to match. These devices track energy use in real time, adjust settings when the home is unoccupied, and offer remote control over 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. Additionally, these thermostats offer the advantage of maintaining a customized and comfortable climate in the home at all times. While the upfront investment is higher, smart thermostats are designed to offset the cost through energy conservation and improved efficiency over time.
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. Smart lighting stands out as an accessible and cost-effective smart home technology, making it an ideal starting point for those wanting to integrate innovation into their living spaces.
For details on how smart technologies can enhance your rental property management, reach out to Real Property Management Deluxe today. Our skilled team is ready to assist you in integrating the latest innovative solutions to enhance efficiency and tenant satisfaction. Get in touch with us online or call 218-454-7962.
Originally Published on September 14, 2018
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