Upgrading your rental property by investing in smart home devices will give your tenants a taste of modern living. Beyond having a pretty kitchen to cook your meals, with the rapid development of modern smart home technology, renters also expect landlords to pull out all the stops by including smart devices in their residential property. High-tech upgrades are no longer reserved for the homes of the rich and famous. Everyday tenants now want the comfort and convenience that comes with automated lighting or keyless entry. But is it really worth the expense of upgrading?  This article on how smart home devices enhance tenant experience has the answers.

Growing Popularity of Technology-Integrated Living Spaces

Attract more prospective renters to your rental by infusing technology into your living space. After all, with the increased convenience that smart home devices bring, who would want to settle for less when the competition delivers more upgraded technology in their property. More and more rental owners are adopting devices like smart thermostats and lights that tenants can control with just their phones. However, these upgrades do more than improve renters’ comfort and satisfaction, they’re also remarkably energy efficient which can save you money in the long run. If you want to fill up your vacancies, integrating technology in your rental living spaces is your best bet. At the very least, such upgrades will help you avoid getting left behind. That’s why partnering with experienced Delaware property management companies can help owners maximize their returns on investment by attracting tech-savvy renters.

Smart Home Devices that Enhance Tenant Experience

Smart Thermostats

Maintain a low-cost utility and temperature in your home with smart thermostats. In peak weather conditions like summer or winter, the extra heating and cooling can hike your energy costs because tenants have to constantly switch the temperature during the day or at night. On the other hand, a smart thermostat solves this issue by automatically adjusting the temperature. Not only does it save tenants the trouble of having to remember to adjust it manually but it also increases the home’s energy efficiency.

Smart Locks

Make your rental a lot more secure by replacing traditional keys with smart locks. If you own a rental, it’s generally good practice to change the keys between tenants because the last thing you want is a renter gaining access after you’ve parted ways. However, routine lock changes can be expensive, except you have a smart lock that lets you easily reprogram your access code. Besides improving your home’s security, it offers tenants much greater convenience as they can allow guests to share the code or share remotely with an app.

Smart Security System

Enhance your tenants’ peace of mind with a smart security system. Apart from smart locks preventing unauthorized access, take your rental security a step further with features like video doorbells that let residents clearly see who’s at the door before opening it. You can also install motion sensors on the property to alert you and your tenants when someone is on the premises.

Smart Lighting

Discover how new smart home devices can simplify daily home routines while renting by installing smart lighting. For example, instead of being jolted out of bed by a rude alarm clock, tenants can wake up naturally by setting their smart lights to gradually brighten when it’s morning. Aside from getting a better night’s rest, smart lights can also automatically turn off when they leave the apartment, cutting back on the electric bill even when they forget to switch off the lights.<

Shared Benefits of Smart Home Technology on Landlords and Tenants

Enhanced Security

Keep your rental secure 24/7 with smart locks that prevent unwanted entry. If your property is vacant for a while, it could be a liability, giving vandals and burglars reassurance. Thus, installing smart home technology reduces the risk of property damage, and that can be attractive to safety-conscious renters.

Improved Energy Efficiency

Attract more eco-friendly tenants to your property by highlighting your smart lights and thermostats. Not only would these features be a plus to tenants who prioritize sustainability, they’ll also help lower maintenance costs for both parties.

Increased Convenience

Simplify your job by managing your property remotely with smart home technology. If you’re a long-distance landlord, investing in these upgrades can give you more freedom to check in on your property whenever you like, without making a lengthy commute. For tenants, the added convenience can make it easier for them to check on their kids, or enable seamless living.

Conclusion

Keep your rentals trendy by opting for modern upgrades that improve your tenants’ lives. Aside from making your home more attractive to potential renters, smart home technology has other practical benefits. For instance, smart locks eliminate the need for physical keys and allow tenants to grant remote access to their visitors, which can improve your home’s security. Installing a smart thermostat can also make your rental more convenient and energy efficient, saving you money in the long run. As a result, smart home devices come with several benefits for landlords and tenants, and if you’re a property owner still debating whether it’s worth it, it definitely is.