What do you picture when you think of the future generation of renters? Adults under 40 are the next major group of renters, and their preferences differ greatly from those of older generations. To stay competitive as a property owner in Garland, it’s important to consider what young adults look for in a rental home and make the necessary upgrades.
Smart Technologies for Rental Properties
The rise of handheld smart technologies is making smart homes more common. Many young renters are accustomed to smart technologies like smart thermostats and lighting from their family homes. With these smart technologies, you can easily adjust thermostats or control lighting with a few clicks.
Smart technologies are more than just fancy extras; they can greatly enhance the performance of a rental home and draw in quality, long-term tenants. Let’s explore the benefits of smart thermostats and lighting for rental property owners.
Benefits of Smart Thermostats
Smart thermostats, equipped with advanced technology, learn your behavior and adjust the temperature settings to match. These thermostats track energy consumption in real time, make automatic adjustments when the home is empty, and allow for remote control of the home’s climate.
Even though the initial cost of smart thermostats is higher than that of traditional ones, they can lead to substantial energy savings, potentially saving residents hundreds of dollars each year. Additionally, these thermostats offer the advantage of maintaining a customized and comfortable climate in the home at all times. Despite the higher upfront investment, smart thermostats are built to compensate for the cost through energy savings and improved efficiency in a short period.
Reason to Consider Smart Lighting
Similar to smart thermostats, smart lighting systems are crafted to minimize energy use and maximize efficiency. They feature high-efficiency light fixtures and automated controls that can self-adjust according to the number of occupants and natural light.
These lighting solutions can be programmed, controlled through a mobile app, and customized to save energy and boost home security. Of all the smart home advancements, smart lighting is among the most accessible and affordable, making it an excellent starting point for integrating innovation into your home.
For further information on how smart technologies can enhance your rental property management, get in touch with Real Property Management Focus today. Our skilled team is ready to assist you in integrating the latest innovative solutions to enhance efficiency and tenant satisfaction. Connect with us online or call 773-443-7439.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
