We are "TECHS WHO CONNECT". We assess, educate, & install smart home technology for your living space & lifestyle on the North Shore.
Do Smart Devices affect selling prices?
Because widespread smart home technology is still new, the full effect the devices will have on home prices is incomplete. According to a 2016 Coldwell Banker smart home survey what is clear is that homeowners are willing to make a significant investment in the adoption of smart home technology. As expected millennial homeowners lead the way with 72 percent saying they would spend $1,500 or more to live in a smarter home; 44 percent of them say they would pay $3,000 or more to realize that smart home designation. Is there a buyer profile that might be willing to pay more for a home with smart technology? The clear demographic match for that is parents with children; 59 percent of them told Coldwell Banker they would pay more for a home that was labeled as a smart home.