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Smart Home Features: Which Ones Are Worth the Investment?

October 10, 2024

Smart home technology is everywhere these days, but not all smart home features are worth the investment. While it’s tempting to outfit your entire house with the latest gadgets, some upgrades offer more value than others. Let’s explore the smart home features that are truly worth the investment and which ones may not be as practical.

Why Invest in Smart Home Technology?

Smart home technology isn’t just a fancy trend—it’s becoming part of everyday life. Whether you’re after convenience, saving energy, or making your home a little more secure, these features can make a real difference. Plus, they can help make your home more appealing to buyers down the road. With so many options out there, how do you know what’s worth it? Let’s break it down.

Top Smart Home Features for Value and ROI

Not every smart gadget will boost your home’s value, but there are some solid upgrades that can. These are the ones to keep on your radar:

1. Smart Thermostats
A smart thermostat like Nest or Ecobee is a game changer when it comes to cutting down your energy bills. These devices learn your schedule, adjusting the temperature to save energy when you don’t need it. Over time, the energy savings can easily make up for the cost of installation—and who doesn’t want to pay less for utilities?

2. Smart Lighting
Smart lighting lets you control your lights remotely, set schedules, and even dim them for the perfect mood. Motion sensors or timers can also help cut energy use. Beyond the practicality, smart lighting can really add to the ambiance of your home.

3. Security Systems
Smart security systems, including doorbell cameras, smart locks, and video surveillance, are among the most popular upgrades for good reason. Keeping an eye on your home while you’re away provides peace of mind, and potential buyers love these added safety features too.

4. Smart Appliances
From fridges to ovens to washers, smart appliances are energy-efficient and can notify you when maintenance is needed. Sure, they might seem like a luxury at first, but in the long run, they help you avoid breakdowns and repairs.

The Most Practical Smart Home Features

Looking for smart home upgrades that won’t cost a fortune? These practical features offer a lot of convenience without emptying your wallet:

1. Smart Plugs and Switches
These little devices let you control your electronics and lighting from your phone. They’re affordable, easy to install, and are a great way to dip your toes into smart home tech without committing to something big.

2. Voice Assistants
Voice-controlled devices like Amazon Echo or Google Nest are super popular because they’re so easy to use. They can control your other smart devices, play music, check the weather, and even manage your schedule. It’s an all-in-one assistant right in your home!

3. Smart Blinds or Shades
These might seem like a splurge, but they offer real energy-saving benefits by helping regulate the temperature inside your home. Program them to open and close at certain times of the day, and you’ll see savings on your heating and cooling bills.

Smart Home Features That May Not Be Worth the Cost

Not every smart upgrade is going to give you a good return on investment. Here are a few features to think twice about:

1. High-End Specialized Devices
Things like smart wine coolers or smart showers sound fancy, but they’re not likely to add value when it comes time to sell. If you love them for your own use, great! But don’t expect the next homeowner to be just as excited.

2. Short-Lived Tech Trends
Some tech trends fade faster than others, and it’s risky to invest in gadgets that could become outdated quickly. Before jumping in, think about whether that device will still be useful in a few years or if it’ll end up in the tech graveyard.

3. Expensive Full-Home Automation
A fully automated home that controls everything might be impressive, but it’s also a big investment that not every buyer will appreciate. Unless you’re planning to stay in your home for the long haul, a more selective approach to smart tech might be a better bet.

Do Smart Home Features Boost Resale Value?

If you’re planning to sell your home, smart features can definitely be a selling point. Many buyers are on the lookout for homes with built-in conveniences like smart thermostats, security systems, and energy-efficient lighting. These upgrades can make your home stand out, and homes with smart features often sell faster (and for more) than those without.

Just be sure to focus on features with broad appeal—something like a smart security system or thermostat is more likely to win over buyers than a super-specific gadget.

Future-Proofing Your Home: The Long-Term Benefits of Smart Tech

Smart home tech is evolving fast, but some upgrades have staying power. Devices that offer energy savings, security, and convenience will likely hold their value for years to come. Opting for flexible systems, like smart hubs or voice assistants, also makes it easier to keep your home up to date as new gadgets come along.

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I moved to West Linn when I was 14, and one of the first people I met was Linda Barnes—the warm and welcoming high school secretary. Helping her and her husband sell their home of 40+ years was such an honor. 14-year-old me could never have predicted I’d still be here, helping people buy and sell homes in the community I love. 💚

Follow me here @robbinsrealtygroup for real estate news, education and the occasional entertaining real estate story.
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