When it comes to real estate, we’ve heard for years and years that kitchens and bathrooms sell houses. That’s certainly true of any house, but when it comes to the luxury real estate market, those kitchens and bathrooms need to have top of the line amenities and cutting edge technology. In fact, today’s luxury home buyer is looking for a smart home.
Smart homes are a marriage of home and technology and allow homeowners the ability to run their entire household from their phone or tablet.
A whole-home automation system brings the home’s technology together and controls things like door locks, lighting, security cameras, shade control, pool control, the entertainment system , etc. and it can all be done via your phone or tablet. In the photo above, a magnetic mount houses two smart tablets that can be removed and used throughout the home.
When you can run your household via your phone, you can lock and unlock doors remotely, and make sure your home is the perfect temperature when you walk through the door. The desire for integrated technology in the home isn’t just for the Millennials… it’s cross-generational as it is both a want and a need. Convenience and security are great, but it is also economical.
By incorporating energy consumption monitoring, homeowners can view real-time data, displayed in an easy-to-understand graphic format on their phones and tablets. This allows the homeowner to monitor the energy demands that are being made on the whole-home, or review specific energy costs for lighting and appliance use. This detailed information allows for informed decisions when setting repeating schedules for components like pool pumps and thermostats. Saving energy and lowering utility bills are good things.
In kitchens, buyers are looking for induction cook tops, no-touch faucets and refrigerators that can tell you what you need to buy on the way home from work. In bathrooms, showers and bathtubs that can be programmed with water temperature preferences, and toilets that clean themselves and purify the air.
In the Los Angeles area we are seeing an increase in a younger, wealthier demographic profile, possibly due to the Silicon Beach job market In addition to expecting a great “location, location, location” these young, tech savvy buyers want their homes to fit their lifestyle… that includes the ability to turn on the lights, set the air conditioning and turn on the spa before they even get home.
What does your “must have” technology look like?