Smart homes are going mainstream | Business

Smart technology helps homeowners save money and have peace of mind when they’re out of town.

And as the cost of gadgets decreases, more and more people are choosing high tech items.

Smart homes are on the rise, with around 30 million U.S. households predicting they will add smart home technology in the near future, according to a report by market intelligence and consulting firm Mordor Intelligence.

Wayne Evans, broker and owner of Wayne Evans Realty in Scranton, said, “And in many ways you can save money in the long run. There are a lot of things you can do to save energy and costs. All the little ones are very beneficial.

Homeowners can control almost every aspect of their property from the palm of their hand, no matter where they are.

Want to be notified when someone walks up to your wallet? no problem. Want to freshen up your home before you quit your job? Be certain.

Over the past two years, Evans has started to recognize that smart technology is used more often in the home.

“As more and more young people enter the housing market, this is what attracts them,” he said. “They want to see it not only in the house they are looking at, but also in the house that they have already bought. There are many products that can monitor the interior of a home, from wireless security cameras to doorbells.

Evans believes technological advancements allow more people to work remotely, even as more offices are reopened.

“There are now a lot of ways to replicate almost anything you can do in your home office environment relatively cost effectively,” he said. “A lot of people want to stay home because people are back to work. I think it will grow where people need more technology and smart devices in the home. “

Evans expects this technology to be a non-special feature and will eventually become mainstream in all new homes.

“I think a lot of these elements will be built into the house from the start,” he said. “When people build a house, it will just be part of their way of life. If you’re in your 20s or 30s, this is how they grow up and what they want. It’s not an option, it’s a house. Will be standard equipment. “

Steve Farrell, owner and broker of Clarks Summit Classic Properties, emphasized the need for constant connection.

“Everyone wants high speed internet and WiFi,” Farrell said. “It’s a must, especially if everyone is at home at the same time. They’re looking for features like Nest that work with Alexa. This includes smart thermostats for controlling heating and air conditioning.

As smart technology is rampant, some residents fear finding a place with reliable high-speed internet services, said Terry Solomon-August, president of the Luzerne County Association of Realtors.

“It was a long-term problem, but it came to the fore with COVID and telecommuters,” she said.

Farrell says Nest users can save an average of 20-25% on their annual utility bills.

“It’s a good sum,” he said.

He also noticed the growing popularity of home security cameras – and many residents want more than one.

“Cameras are now much more affordable,” Farrell said. “People put them in children’s playrooms, outdoor terraces, swimming pools, walkways. The number of cameras per household has increased and everything can be viewed from a distance… people want it. I am. “

Farrell can’t determine exactly what will happen next, but he’s confident the device will continue to evolve.

“There is something new and exciting about this that no one ever thought they wanted,” he said. “Smart home technology will continue. It is efficient and affordable. And now that it’s affordable, it’s going to be very common.

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