Today’s Housing Market: Home Technology Trends

A recent study conducted by CEA (Consumer Electronics Association) in conjunction with the National Association of Home Builders (NAHB) confirmed that home technology is making a positive contribution to the housing market’s recovery. This is due to the home buyer’s desire for more technical integration and a heightened awareness of energy efficiency factoring into their purchasing decisions.

Consumers have embraced connected devices and a variety of technologies that have significantly changed their personal and professional lives just in the last few years. The complete integration of all their devices into a single ecosystem that goes wherever they do—home, car and office—is in greater demand than ever.

As a certified systems integrator, we can tie together a home theater, multi-room audio/video, complete home lighting and climate control into one easy to use interface. In fact, you may have multiple interfaces such as wall pads throughout the home and most systems now have control apps for smart phones and tablets. It’s this ability to control complex technologies from devices we’ve come to trust and depend on that seems to be partially responsible for the homeowner’s willingness to invest in connected homes.

Despite the housing recession, home builders are seeing significant increases in projects (both new construction and retrofits) relating to energy consumption solutions, multi-room audio and home theater installations. Providing home automation and energy management solutions increases the home’s value, ensuring new buyers that their purchase contains the latest smart-home technologies. At the least, structured wiring has become a standard practice among builders making it easier for home owners to retro fit and upgrade smart home technologies at a later date.

The study surmises that technology’s rapid progress in the consumer’s daily life is instrumental in resurrecting the stagnant housing market and builders are betting on it as they are now proactively marketing home technologies.

If you are purchasing a brand new home, make inquiries as to what technologies the builder plans to integrate. A home with structured wiring and smart home technologies may cost a bit more but it’s usually more affordable and less messy than retrofitting. Perhaps, you are planning on selling a home but want to make some improvements first; contact us to discuss adding some of the latest home technologies to increase the home’s value.

It’s safe to say that home-based technologies are only going to grow in popularity, especially when we can use the devices we carry with us all the time to control multiple systems, even when we are away from home. Smart home technologies are nothing new but builders historically did not include such amenities except in very upscale houses. Now that we are seeing builders take a more active role in including such technologies as a matter of course, there should be a greater availability of smart home features in average single-family homes and that’s good news for all home buyers.