Back

Is a Smart Home More Attractive to Buyers?

August 24, 2022 | Mariel Roe

Share

Is a Smart Home More Attractive to Buyers?

In short, yes, it is. Research [1] into properties in the UK tells us that buyers are willing to pay more for a smart home or a property with high automation.

So, what does this news mean for sellers? It means that your smart home could have more value than your next-door neighbours. It could even sell quicker!

If you’re wondering what makes a smart home more attractive to buyers in London, here’s everything we know about why people are willing to pay that little bit extra for an automated home.

What Makes a Smart Home More Attractive to Buyers?
1.   It’s Convenient

If there’s one thing we know about technology, it’s that it makes our lives easier. From fridges that automatically order new food to doorbells that let you speak to visitors when you’re not at home, smart devices in our homes are undoubtedly more convenient.

As life gets busier, people are looking for solutions that make everyday tasks simpler. When it comes to the homes we live in, the same rules apply.

2.   Greener

Being green is a duty we’re all trying to fulfil. Research by NatWest[2] shows that over half of UK homeowners are planning on making home improvements that make their lives greener. And smart homes make it easier than ever to take a step closer to living more sustainably[3] (while saving a few pounds in the process!).

From virtually controlled heating systems to smart meters, these things can make your home greener and more attractive to buyers in London.

3.   Resale Potential

Buyers are no different to sellers when it comes to thinking about resale potential. It may not be as important to them as other things, like the location or kerb appeal. But it will be up there on the list of things they’re looking out for.

Since a smart home can potentially increase the value of your home by up to £16,000[4] – and the buyer market for smart homes is on the rise – a key selling point for your home is the resale potential.

4.   Improved Security

If you’ve opted for smart alarms, doorbells or window sensors in your home, chances are you did this for the added security. Buyers want the same thing as you – and they’re willing to pay for it!

Barclays predicted that by 2022[5], 35% of renters looking to buy will be interested in having a home with smart security systems. If you’re targeting the first-time buyer market, having smart security systems (or at least the infrastructure that enables them to be easily installed) could make your home more attractive.

Selling Up?

For more advice on selling your London home, Properly are your local property experts – and we’d love to help you!

If you’re thinking about selling up, give us a call today on 0207 459 4400 or email us at mariel@properly.space for a chat to find out how we can help.

[1] https://www.impartialreporter.com/news/14026642.smart-technology-homes-attractive-potential-buyers/

[2] https://www.natwestgroup.com/news/2021/09/natwest–greener-homes-attitude-tracker.html

[3] https://www.shellenergy.co.uk/blog/post/can-a-smart-home-save-you-money

[4] https://www.goodhousekeeping.com/uk/consumer-advice/technology/a568194/should-you-be-making-your-home-smart/

[5] https://www.barclays.co.uk/journal/smart-home-survey-2017/

Back

 

London Youth work to improve the lives of young people in London, challenging them to become the best they can, and last year helped over 27,000 young people through their sports development, youth action and involvement, arts and outdoor education programmes and employment prospects. We feel strongly that all young people should have an opportunity to develop themselves, and so are delighted to be able to support London Youth in their work, providing young people with access to opportunities they might not otherwise have had, to learn new skills, to make a positive change in their communities and to shape the city they live in.


Glass Door helps homeless men and women in London through their large network of emergency shelters and support services. These winter shelters provide a warm welcome, food, safety and shelter for up to 170 people every night. Properly feels passionately about the issue of homelessness. That is why we are delighted that together with our clients we can assist Glass Door in their fantastic work to help some of the most marginalised people in society.





Families become homeless for reasons we can all identify with. We are concerned about people who are struggling to keep things together in our fast-paced world – and we care about those who have no support. We chose the Doorstep Homeless Family Project because they are passionate and effective yet they are a small team with limited funding. They provide homeless families, living in temporary accommodation in London, with access to services to secure the emotional and practical support they require to enjoy a better quality of life.






We need nature and nature needs us. We support The London Wildlife Trust because we share its concern for the environment. We want to ensure that we keep nature in mind as we work in the property market – and crucially, with people’s homes. We also want our employees to engage with nature and benefit from the wellbeing this brings. London Wildlife Trust cares for over 37 of London’s spaces, and their vision is: “a London alive with nature, where everyone can experience and enjoy wildlife”.

To
Filter by type  

Register for property alerts

Provide us with the details of your ideal property and we will keep you up-to-date on all our latest properties.

You have errors in the fields above, please check each field throughly.

Property requirements

- +

You have errors in the fields above, please check each field throughly.

Contact details

Please fill out all fields below.

You have errors in the fields above, please check each field throughly.

You are all set up.

We will keep you up-to-date with our latest properties based on the criteria you have provided.

Find a property

Select your availability

We'll try to accommodate you and your busy schedule. If you could let us know your availability, then we will work around you.

You have errors in the fields above, please check each field throughly.

Contact details

Please fill out all fields below.

You have errors in the fields above, please check each field throughly.

Thank you for your booking.

One of our sales team will be in contact with you shortly to confirm yor viewing time.

Back to property

Book a valuation

We think something this important should be done in person

- +

You have errors in the fields above, please check each field throughly.

Select your availability

We'll try to accommodate you and your busy schedule. If you could let us know your availability, then we will work around you.

You have errors in the fields above, please check each field throughly.

Contact details

Please fill out all fields below.

You have errors in the fields above, please check each field throughly.

Thank you for your valuation request.

One of our sales team will be in contact with you shortly to confirm your appointment.

Find a property