When considering the next generation of renters, what do you imagine? The upcoming wave of renters, adults under 40, have needs and wants that differ greatly from older generations. Property owners in Columbia need to stay competitive in the single-family rental market by considering young adults’ needs and updating their rental homes.
Smart Technologies for Rental Properties
The rise of handheld smart technologies is making smart homes more common. Young renters often have grown up with smart technologies like smart thermostats and lighting in their homes. With these smart technologies, you can easily adjust thermostats or control lighting with a few clicks.
Smart technologies aren’t just fancy extras; they can substantially improve a rental home’s performance and attract quality, long-term tenants. Let’s investigate the benefits smart thermostats and lighting can offer you as a rental property owner.
Benefits of Smart Thermostats
Smart thermostats are programmable devices that use advanced technology to learn from your habits and adjust the temperature settings. They track real-time energy consumption, automatically adjust when no one is home, and allow remote control of the home’s climate.
While smart thermostats may cost more initially than traditional models, they can result in significant energy savings, potentially saving residents hundreds of dollars annually. Besides, smart thermostats keep a customized and comfortable home climate at all times. Although they come with a higher initial cost, smart thermostats are designed to pay for themselves through energy savings and improved efficiency in a relatively short time.
Reason to Consider Smart Lighting
Just like smart thermostats, smart lighting systems are engineered to cut energy use and enhance efficiency. Featuring high-efficiency light fixtures and automated controls, these systems adjust automatically based on the number of occupants and outside light conditions.
Smart lighting systems can be programmed, managed through a mobile app, and tailored to optimize energy consumption and enhance security. Of all the smart home technologies, smart lighting is one of the most accessible and affordable, making it a great starting point for integrating innovation into your home.
To learn more about how smart technologies can improve your rental property management, contact Real Property Management Prime today. Our knowledgeable team is prepared to help you adopt the latest innovative solutions to improve efficiency and tenant satisfaction. Contact us via our website or call 410-415-1736.
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