What do you envision when you think of the next generation of renters? The upcoming wave of renters, adults under 40, have needs and wants that differ greatly from older generations. In Greensboro, 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
As handheld smart technologies proliferate, smart homes are becoming more common. Many young renters have been raised with smart technologies, including smart thermostats and lighting, in their family homes. Using these technologies, one can adjust a thermostat or control lights with just a few clicks.
Smart technologies aren’t just fancy extras; they can substantially improve a rental home’s performance and attract 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
Smart thermostats are programmable devices that use advanced technology to learn from your habits and adjust the temperature settings. They track real-time energy consumption, automatically adjust when no one is home, and allow remote control of the home’s climate.
While smart thermostats may cost more initially than traditional models, they can result in significant energy savings, potentially saving residents hundreds of dollars annually. Moreover, smart thermostats provide a consistently customized and comfortable home climate. Although they need a higher initial investment, smart thermostats are designed to recoup the cost relatively quickly through energy savings and improved efficiency.
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 is one of the most accessible and cost-effective smart home technologies, ideal for those starting to integrate innovation into their living spaces.
To learn more about how smart technologies can improve your rental property management, contact Real Property Management of the Triad today. Our knowledgeable team is prepared to help you adopt the latest innovative solutions to improve efficiency and tenant satisfaction. Get in touch with us online or call 336-355-6666.
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