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Uncovering the Best Smart Home Upgrades for Energy Efficiency and Increased Property Value

Writer: Colorado Front Porch Realty GroupColorado Front Porch Realty Group

As homeowners worldwide embrace sustainability, many are turning to smart home technology. These upgrades not only elevate comfort and convenience but also provide significant energy savings, enhancing your property's resale value. In this article, we will highlight the most effective smart home upgrades that can help you save energy while increasing the value of your home.


smart home technology


Smart Thermostats


Installing a smart thermostat is one of the most valuable upgrades you can make. These devices allow remote control of your heating and cooling systems through a smartphone app. Much like a personal assistant, they learn your habits and adjust the temperature accordingly.


Studies show that using a smart thermostat can lower your energy bills by about 10 to 12% yearly. For an average home, this can translate to savings of approximately $100 to $150 a year, which adds up over time. Additionally, homes with energy-efficient features appeal to buyers, making this upgrade smart for immediate comfort and future resale.


Close-up view of a smart thermostat mounted on a wall
A smart thermostat displaying energy-saving settings.

Smart Lighting Systems


Upgrading to smart lighting systems is another effective strategy for enhancing energy efficiency. LED bulbs combined with smart technology can help you schedule lighting, control it remotely, and even adjust it based on the time of day.


For example, smart lights can automatically dim or shut off when no one is home. This can lead to an average reduction of 25-30% in electricity consumption from lighting alone. Besides energy savings, smart lighting can create an inviting atmosphere, making your home more appealing to potential buyers.


Energy Monitoring Plugs


Smart energy monitoring plugs can turn any appliance into a smart device. By plugging your appliances into these devices, you can monitor their real-time energy consumption and receive detailed reports.


This data enables you to spot energy-hungry devices and plan usage during off-peak hours to save on electricity costs. Homes with this technology can attract eco-conscious buyers, as they increasingly value sustainability. For instance, identifying a refrigerator that consumes 20% more energy than average could lead you to a timely upgrade, enhancing both energy savings and property value.


Smart Power Strips


Similar to energy monitoring plugs, smart power strips allow you to manage the energy consumption of multiple devices. These strips can turn off power to idle devices, reducing "phantom" energy waste, which can account for about 10% of household energy use.


Some smart power strips also include surge protection, safeguarding your electronics from electrical spikes. Investing in these can add value not only in energy savings but also in protecting your valuable devices.


Smart Appliances


Investing in smart appliances can be a great decision for energy efficiency and property value. Smart refrigerators can alert you when the door is left open and provide maintenance reminders. Energy-efficient washers and dryers adjust their settings based on load size and fabric type, contributing to savings of about 15% in water and energy usage.


These features attract buyers looking for modern, energy-savvy conveniences in their future homes. A smart appliance upgrade can dramatically improve your home's appeal on the real estate market.


Solar Panels with Smart Technology


Installing solar panels provides a solid long-term investment. Not only can they significantly reduce your energy bills, but they can potentially provide excess energy back to the grid. Pairing your solar panels with smart technology, such as energy management systems, enhances their efficiency.


Solar panels on residential home


These systems enable you to monitor your energy production and usage patterns. In fact, homes with solar panels can see a property value increase of around 4% compared to homes without. The combination of renewable energy and smart monitoring makes your home more attractive to buyers inclined to invest in sustainable living.


Smart Home Security Systems


Modern smart security systems improve home safety and can contribute to energy savings. Smart cameras and lights can be programmed to operate based on your movements, conserving energy when you're away from home.


Moreover, homes with advanced security features often command higher property values. According to recent studies, buyers are willing to pay up to 20% more for homes equipped with smart security technology that enhances safety and energy efficiency.


Final Thoughts


Integrating smart home upgrades is a strategic move for homeowners aiming to save energy and enhance their property's value. From smart thermostats and lighting systems to energy monitoring plugs and smart appliances, each upgrade presents unique benefits that efficiently contribute to sustainability and savings.


As the demand for eco-friendly homes continues to rise, investing in smart technology today can lead to greater marketability tomorrow. By modernizing your home, you're not only improving your living experience but also making a wise investment in your home's future.

 
 

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Colorado Front Porch Realty Group

Stephanie Dafoe
Owner/Broker/Realtor/MCN/CRS
(303) 489-9401

Kelsey Haffner
Associate Broker/Realtor
(303) 916-1424

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Karen Wambolt
Associate Broker/Realtor
(303) 941-0908

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