Last updated: December 15, 2017

How Smart is a Smart Home?

Home improvement has several guidelines that pop up everywhere. One of the most popular is that the best place to earn your money back on a renovation project in the home is in the kitchen and the bathrooms. Kitchen and bathrooms seem to be one of the biggest features in selling a house. The opposite is true, as well. Ugly bathrooms or a dated kitchen can slash a lot of money off that final selling price. The good news is that a little bit of money can make a nice return on investment on the value of your home.

Is that still true today? Given that we are in the age of technology, there are now a slew of new options to consider on how to improve your home. Are these new cutting-edge options worth the investment? Is home automation and smart technology going to improve your property value? In other words, just how smart is a smart home?

Let’s find out.

What is a Smart Home?

First, let’s start with a definition. A smart home is one that has its basic systems integrated into a computer, such as a smart phone or tablet. These systems could the lighting, heating, or peripheral electronic devices, such as your surround sound, your electronic blinds, the garage door, and more. Imagine checking your security alarm each night while thousands of miles away on a resort beach or answering the door of your home with a camera signal sent to your iPhone from work.

This technology is continually evolving. For example, your refrigerator might tell you that you’re low on milk and even get online to order a new gallon of your favorite variety. If you’re in the market to buy a new home, you’ll see the term smart home pop up in listings all over the place.

These automated features are chic and trendy, but are they easy to install? Do they raise the value of your home verse the high expense? The answer is no or, at least, not yet.

Cross Platform Compatibility

One potential issue with smart home products is that they are siloed into platforms. Another way of saying this is that one company makes their products to one standard, while another makes theirs to a completely different one. Getting products from different companies to talk nicely can be quite difficult. Sometimes they don’t even work at all.

You may even have to buy an entirely new realm of products just to help with cross platform compatibility.

Samsung vs. Apple

The two major brands in smart home technology are Samsung and Apple. Samsung currently supports Windows, iOS, and Android. For the homeowner, this brand might be the wisest choice, because whoever buys your home when you sell doesn’t have to be tied to a particular brand or platform. That wide compatibility though can be at the expense of performance.

On the other hand, Apple Home can be easier to manage. This is particularly true if you’re using all Apple products. If you’ve got an Android system that you’re hoping to add to your Apple Home, then you might be out of luck.

You must weigh what you prefer – compatibility for multiple technologies or ease of use.

Pacific Union Financial

Pacific Union Financial, LLC is a full-service mortgage lender providing mortgages, refinancing, and loan servicing across the country and around the corner. With expertise in home loans for credit levels from best to bruised, we’d love to help you enjoy all the benefits of homeownership. Get in touch today and let us show you how we work hard to make mortgage easy.