Just a decade ago the idea of a smart home that could manage climate, keep us secure inside, and even manage itself was simply a figment of our collective imagination. This is no longer true in the age of hands-free homes using Google Home, Ring, Alexa and Nest.
Smart homes are the here and now, and unlike many real estate trends, one to keep a keen eye on. Whether you are looking for a home or want your home to stand out among a crowd, installing smart home products can be ideal for many looking to move a property.
According to a survey of 987 U.S. homeowners conducted by Houzz, nearly half (45%) of homeowners are installing smart systems or devices during their renovation projects. Smart home improvement technology products and other buzzworthy home tech creations can without a doubt help a home sell more quickly.
As a continual wave of smart technologies make domestic life more efficient, productive, and entertaining, today’s buyers are looking for homes that have invested in them. Here are five trends to watch out for in 2020 in the home tech arena:
High-tech security gadgets
The newest advancement in the smart home security sector is amped up security cameras. While many of these cameras alert you if someone is at your door, a small but growing crop of high-tech security gadgets are taking it to the next level by utilizing facial recognition to identify visitors.
With smart gadgets like Nest, homeowners can program heat or A/C to turn on remotely through an app before their commute home from work.
Smart technology will give the home theater a massive makeover. Each year we see more devices catering to recent trends such as online streaming, wireless surround-sound, voice control and virtual reality.
Home utilities management
Currently most homeowners have a rearview picture of their home energy usage. Smart technology is working to change this by deepening the relationship between homeowners and utility companies, and providing a more comprehensive view of a home’s energy usage.
The battle for voice-enabled tech is growing increasingly fierce, with two front-runners — Google Home and Amazon Echo The smart speaker market is expected to grow from 4 billion units in 2018 to 7 billion by the end of 2020.
Price points for smart home equipment, upleveled design aesthetics and the sheer availability of supporting mobile device apps for control and monitoring have made much of this smart technology more attractive to homeowners.