Smart homes and resale value

Smart homes and resale value Smart homes and resale value

As homebuyers become more tech-savvy, smart home features are no longer just convenient—they’re increasingly expected. From voice-controlled lighting to app-managed security, smart technologies are transforming how people live. But beyond lifestyle benefits, many homeowners and investors ask an important question: Do smart homes increase resale value? The short answer is yes—but the extent depends on what’s installed, how it’s integrated, and what the market demands.

Smart homes and resale value
Smart homes and resale value

What Makes a Home “Smart”?

A smart home is equipped with technology that allows remote or automated control of various systems—lighting, temperature, security, entertainment, and more. Devices like smart thermostats, video doorbells, surveillance systems, and intelligent lighting can be managed via smartphone apps, voice assistants, or central hubs.

These technologies not only offer convenience but also increase efficiency and security. Buyers are increasingly drawn to homes that provide a connected, hassle-free living experience—which directly influences perceived value.

The Resale Value Boost: What the Data Shows

Research shows that smart home features can improve a property’s appeal and shorten time on the market. According to a report by the National Association of Realtors (NAR), 81% of buyers said smart home features positively influence their purchase decision. Furthermore, homes with smart systems often sell faster and can command a premium in competitive markets.

While the resale value bump varies by location and demographic, smart homes tend to perform better, especially with millennial and Gen Z buyers who expect integrated technology as part of modern living.

Most Valuable Smart Home Features for Resale

Not all tech upgrades offer the same return. The following smart features have the greatest impact on resale value:

  • Smart Thermostats: Devices like Nest or Ecobee help reduce energy bills and attract eco-conscious buyers.

  • Security Systems: Smart locks, video doorbells, motion sensors, and surveillance cameras are highly valued for peace of mind.

  • Lighting Control: Automated lighting that adjusts to schedules or occupancy boosts convenience and ambiance.

  • Smart Appliances: Refrigerators, ovens, washers, and dryers with app integration are becoming standard in modern kitchens and laundry rooms.

  • Wi-Fi-Enabled Irrigation and HVAC: These systems improve efficiency and appeal to tech-forward buyers.

The more integrated and seamless these systems are, the more they contribute to both daily living and future resale appeal.

Buyer Expectations Are Changing

The pandemic accelerated digital adoption in every industry—including real estate. Buyers today want homes that support remote work, offer energy savings, and provide enhanced control over their environments. This shift has redefined what “move-in ready” means: many now consider smart home technology as essential, not optional.

Homes that lack modern features may be perceived as outdated, especially in high-end or urban markets. By installing the right technology, sellers can make their properties stand out and justify a higher asking price.

Cost vs. Value: Is It Worth the Investment?

Smart home upgrades can be relatively affordable compared to major renovations. For example, installing a smart thermostat may cost a few hundred dollars but deliver noticeable energy savings and a marketable feature for resale.

Larger systems like full-home automation require a higher upfront investment, but they significantly increase the property’s wow factor—especially in the luxury segment. The key is to invest in user-friendly, reliable technology that’s easy for future owners to use and maintain.

Final Thoughts: Tech-Savvy Homes Sell Smarter

In today’s market, smart homes and resale value go hand in hand. While not every upgrade guarantees a big return, strategic technology investments can boost a home’s desirability, reduce time on the market, and even support premium pricing.

As buyer expectations evolve, properties that blend modern living with practical innovation will continue to lead the pack. For sellers and investors, smart home features aren’t just modern—they’re market-smart.