When considering the next generation of renters, what do you imagine? Adults under 40 are poised to be the next major group of renters, and their needs and wants are quite different from previous generations. As a property owner in South Burlington, it’s crucial to remain competitive in the single-family rental market by understanding young adults’ needs and upgrading your rental homes accordingly.
Smart Technologies for Rental Properties
The increase in handheld smart technologies is making smart homes more prevalent. Many young renters have been raised with smart technologies, including smart thermostats and lighting, in their family homes. These technologies enable easy adjustments of thermostats and lighting control 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 delve into smart thermostats and lighting to explore the benefits they offer rental property owners.
Benefits of Smart Thermostats
Programmable smart thermostats use advanced technology to learn your habits and automatically adjust temperature settings. These devices track energy use in real time, adjust settings when the home is unoccupied, and offer remote control over 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. 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. Among smart home technologies, smart lighting is notably accessible and cost-effective, making it a perfect entry point for those looking to adopt innovative solutions in their homes.
For further information on how smart technologies can enhance your rental property management, get in touch with Real Property Management Sterling today. Our expert team is ready to help you incorporate the latest innovative solutions for better efficiency and tenant satisfaction. Contact us via our website or call 802-861-6468.
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.
