When you consider the next generation of renters, what do you think of? Adults under 40 will be the next large group of renters, and their needs and preferences are quite different from previous generations. In Kendall, property owners must stay competitive in the single-family rental market by addressing young adults’ needs and modernizing their rental homes.
Smart Technologies for Rental Properties
The increase in handheld smart technologies is making smart homes more prevalent. Many young renters are accustomed to smart technologies like smart thermostats and lighting from their family homes. Using these technologies, one can adjust a thermostat or control lights with just a few clicks.
More than fancy extras, smart technologies can considerably enhance the performance of a rental home and attract quality, long-term residents. Let’s explore the benefits of smart thermostats and lighting for rental property owners.
Benefits of Smart Thermostats
Smart thermostats are advanced programmable devices that learn your behavior and adjust temperature settings accordingly. They can track energy usage in real time, automatically adjust settings when no one is home, and provide 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. While the upfront investment is higher, smart thermostats are designed to offset the cost through energy conservation and improved efficiency over time.
Reason to Consider Smart Lighting
Smart lighting systems, much like smart thermostats, are built to reduce energy consumption and improve efficiency. These systems use high-efficiency light fixtures and automated controls to adjust autonomously based on occupancy and natural light conditions.
Smart lighting solutions can be programmed, managed via a mobile app, and tailored to save energy and improve home security. Smart lighting stands out as an accessible and cost-effective smart home technology, making it an ideal starting point for those wanting to integrate innovation into their living spaces.
To find out how smart technologies can benefit your rental property management, contact Real Property Management Dade today. Our expert team is ready to help you incorporate the latest innovative solutions for better efficiency and tenant satisfaction. Get in touch with us online or call 305-501-1511.
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