8 Smart Home and Apartment Solutions To Improve Your ROIs on Property

Shubham Rajpara

Shubham Rajpara

Senior editor

Parul Saxena

Chief editor

Last updated: August 25, 2021

Smart Homes and COVID

In light of the growing significance of technology in our lives, especially after the coronavirus outbreak, it comes as no surprise that consumers increasingly want to convert their homes into “smart homes.” Market size is anticipated to increase from 78.3 billion dollars to 135.5 billion dollars by 2025. This makes sense since, due to the pandemic, families are staying at home for more extended periods. This makes the comfort and convenience of smart homes more appealing and more popular.

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The Main Advantage: Smart Homes=Great ROIs

Smart Home Technology is based on the concept of the Internet of Things system (IoT) which is a critical component of home automation.

Renters and prospective renters are gradually becoming more interested in Smart home technology as it becomes more affordable, more widespread, and easier to install.

Smart home products offer control and convenience to both short-term guests and tenants of multifamily buildings.

However, it is not just about improving resident satisfaction and guide for apartment manager and developers but also about gaining good value on your properties.

And in this respect, smart appliances are one of the best investments that property dealers and realtors can offer to their consumers.

A few examples of smart home and apartment solutions developers and property management system companies can take advantage of are given below.

8 Smart Apartment Solutions For Realtors & Homeowners To Get Big ROIs

1. Smart Locks

Smart locks are door access mechanisms that use technology that is much more advanced than simple keys.  

You can unlock the door using several methods, including a smartphone, a fingerprint, a fob, a card, or a keycode.

Besides improving operations, they can also provide a strong return on investment.

When you use an advanced access management system. The technology is revolutionizing the apartment management and you relieve many of the burdens placed on individual property managers and staff. 

For instance, companies that use advanced access management systems for multifamily buildings can save 1000s of hours per year previously spent performing manual key-management tasks for tenants, maintenance staff, and delivery personnel.

This may also allow you to reduce your staff on-site and allow property managers to dedicate their time to more valuable tasks such as conducting apartment tours, offering great customer service software, and more.

2. Smart Lighting

Smart lighting is an energy-efficient, convenient and secure lighting technology.

Depending on conditions, such as occupancy and daylight, high-efficiency lighting fixtures and automated controls may be used.  

Reduced energy bills and improved tenant satisfaction are also possible benefits of smart lighting technology, increasing ROI.

Smart lights are also environment-friendly. 

They help homeowners save big on electricity bills by automatically turning off or dimming the lights when no one is present.

While smart lights might seem expensive, they help you save money each month on electricity bills and make homeowners’ lives easier and more enjoyable.

3. Smart Climate Controls

Due to climate change, weather patterns are becoming increasingly unpredictable – and the cost of energy is rising.  

However, the smart home climate control system can help you manage energy consumption, thus saving money on bills.  

You can install smart climate control tools in common areas of your buildings like smart thermostats to get a significant reduction in your energy costs.

People are becoming more aware of their energy consumption and also climate change. Many residents will also appreciate using such gadgets to enable them to be in charge of energy consumption and save on bills.

4. Smart Showerheads

In most smart homes, a smart bathroom is often overlooked and underserved. Smart showers provide real innovation in this area.

Smart showers are gadgets that allow you to control, change, or customize your showers’ aspects.

Residents can, for instance, control plenty of things while bathing, such as water temperature, flow rate, duration, even the direction of the spray, among others.

Homeowners can easily manage all of the above features using a tab, smartphone or voice assistant like Amazon Alexa or Google Assistant.

A smart shower is essential to smart gadget realtors. Property dealers should seriously consider adding a smart shower head to the residents’ smart home bathroom since it can truly elevate their experience.

5. Smart Home Security Systems:

The concept behind all smart home security systems is the same as traditional ones: A secured entry point, such as a door, is the key to protecting property.

Smart home security systems include a wide range of useful gadgets like smart home cameras, sensors, motion sensors, garage door openers, high-decibel alarms, yard signs & window stickers.

Several studies have found that homes without security systems are more susceptible to burglaries than those with monitored security systems since burglars are opportunistic by nature and are looking for easy targets.

The purpose of is to perform certain tasks when their secure zones are breached before Adopting the Society Management System.

6. Smart Thermostats

To control the temperature in the home, Smart Thermostats are used in combination with home automation systems.

Their Internet connection makes them comparable to connected thermostats. With these thermostats, homeowners can change heating settings from any internet-connected device, like laptops or smartphones.

For households with programmable thermostats, ease of use is crucial to ensuring energy savings.

They consume more power than homes with simple thermostats because they can be programmed incorrectly or require completely disabled.

The advantage of a smart thermostat is that it will adjust heating and cooling based on when people are in the home or are about to occupy it in real-time. In this way, less energy is used to heat and cool the house when no one is home for long periods.

7. Smart Bed

One of the most important rooms in any house, the bedroom, is where the residents spend the most time, even if it means sleeping a lot.

If one chooses smart-home technology carefully, adding smart technology to a bedroom can enhance your sleeping experience.

Intelligent lighting, shades, and smart plugs can adjust the ambiance automatically according to the time of the day and help you sleep well and wake up feeling refreshed.  

Residents can also manually adjust it in multiple light intensities.

Smart Sensors in mattresses gather data about how you sleep. By using this data, it self-adjusts to the users’ sleeping posture and improves their sleep.

Users can also get their sleep information delivered to their smartphone, where they can also get feedback on how well they are sleeping and find tips to sleep better.

It also offers other smart features like SleepTracking, Temperature Control, Air Chambers, Application Integration software, Position Control, and more.

8. Smart Sprinkler Controller

Sprinklers and irrigation controllers that can be controlled wirelessly help the residents maintain their lawns and gardens simply.

Rather than setting a fixed timer, these systems rely on weather forecasts, sensors, and plant-care databases to determine watering needs and deliver the correct amount of moisture at the right time.

Using mobile and web-based technology, homeowners can also lower their water bills by eliminating water wastage through unclosed water taps or overwatering the plants due to lack of information.

Smart sprinkler timers, smart faucet timers, and smart watering insights based on the environment can be used to do the same.

Homeowners can also check on their plants while they’re vacationing since these smart sprinkler controllers can be controlled remotely through smartphone apps. 

Here’s a guide to help you find the best type of smart sprinklers.

Get Your Smart Apartment Software Now

If you’re sold on the fact that installing smart apartment solutions to your property can help you can get massive ROI, or if you just want to live a luxurious lifestyle and get smart devices for your own self — check out these smart apartment solutions companies that have been hand-picked after a lot of research and customer feedback.

To get more detailed insights on latest software and reliable software companies stay tuned to www.softwaresuggest.com.

Shubham Rajpara
"Shubham Rajpara is a blogger for IT companies and creative agencies who writes extensively on AI, ML, NLP, Big Data, IoT, Blockchain, and all things Sales & Marketing. He is an aspiring clinical psychologist, who also loves to cook, and do poetry. Reach him out at shubhamrajpara1995efilwen@gmail.com."

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