A surge in the popularity of smart home technology over the past several years has redefined home tech as a whole — and recalibrated consumer expectations at the same time. Smart home technology benefits both builders and residents, and advancements have made it even easier and more intuitive to set up and use. From enhanced security and streamlined maintenance to automation and personalized comfort, the appeal resonates across parties.
If you want to make the most of a new property, embrace the value of smart home technology.
Trends in property sales
Developers frequently face shifting consumer preferences and market trends — factors that demand an agile approach. The fast-paced smart home landscape is no different. From the rise in housing costs to the influence of remote work, it's important to note key trends that are shaping the industry and changing the expectations of premium customers.
· We're experiencing a suburban resurgence. Renters and buyers alike seek larger living spaces, access to nature and quieter environments. They also gravitate to unique living environments that foster a sense of belonging and connectivity. To meet those demands, developers are increasingly focused on creating communities that marry the convenience of urban living with the tranquility of more rural environments. Mixed-use spaces, especially those that blend retail and dining options within residential developments, can improve overall satisfaction for residents.
· Remote work is a new normal. Builders are placing added emphasis on home offices or multi-use spaces, outdoor workspaces and co-working spaces. Supporting a high-speed internet infrastructure is imperative to compete with the changing work environments.
· Sustainable materials and energy-efficient features add value. Environmental consciousness is shaping consumer preferences. Developers must consider energy efficiency in systems, including solar panels, as well as sustainability in building materials such as insulation and roofing.
· Consumers expect more amenities. Developers are reimagining communal spaces to prioritize health, wellness and social distancing. While gyms and pools remain desirable, buyers and renters also gravitate to outdoor amenities like parks, gardens and walking trails as a way to prioritize health and wellness. These visual differentiators that enhance one's broader living environment are important when it comes to developing a unique value proposition.
· Technology improves building management operations. Builders and developers are implementing predictive maintenance systems that help improve operations. These advanced systems can include smart meters for energy monitoring, smart parking systems that use sensors and Internet of Things (IoT) technology, and smart HVAC systems to optimize heating and air conditioning.
How smart home technology benefits the property
Smart home technology is transforming the residential experience, and developers who successfully integrate options like AI and SmartThings can add unique value to their properties. Not only are the majority of smart home systems easy on the eyes, but most manufacturers work to combat the technology's reputation as difficult or intimidating, prioritizing systems that are easy to purchase, install, use and service.
Easy to implement and use, Samsung's SmartThings Station is one way residents can connect to a home network of smart technology. You can think of SmartThings Station as the heart of the smart home ecosystem. Each resident can create a centralized hub for managing connected devices from lights to entertainment units to security systems, saving personal preferences and preset routines. Through this thoughtful integration, developers can enhance the overall quality of life for residents while offering unparalleled convenience, security, sustainability and comfort.
Safety and security
One of the most critical smart home technology benefits is the peace of mind it delivers for residents. Advanced security features, including Wi-Fi-enabled smart locks and security cameras, can alert residents of unauthorized access or unusual activity. Sensors can help residents and building management identify potential hazards, such as water leaks and fire, in near real time. With SmartThings Station, residents can create a centralized home hub to monitor and control their security devices seamlessly, ensuring a safe and secure living environment. In fact, Samsung's smart home appliances, such as the Bespoke 4-Door Flex™ Refrigerator with AI Family Hub™, were the first in the industry to be verified to Diamond level status by UL Solutions for their IoT security capabilities.
Energy savings and sustainability
In an era when consumers and builders alike are increasingly considerate of environmental impact and energy consumption, it's no surprise that smart home systems that support energy savings are a top priority. From the kitchen devices to the living room lights, a truly smart home goes beyond Energy Star certifications and LED bulbs. Residents expect smart home technology benefits that work as well for them as they do for the environment. Fortunately, there is no shortage of smart appliances to delight them. A smart thermostat allows precision control of the home, also helping to save money (especially if no one is home for days). Smart faucets and shower heads help optimize water consumption. Smart bulbs help manage energy use for light fixtures, while smart plugs are a great complement to electrical products and appliances.
Through a partnership with Electricity Maps, residents using smart devices can monitor electricity usage and the associated carbon emissions to make more informed decisions about energy consumption. Samsung is also committed to a more sustainable future and has been honored with 2024 ENERGY STAR® Partner of the Year Awards by the U.S. Environmental Protection Agency (EPA). From sourcing materials to production and distribution, the environmental impact of every product is of utmost importance.
Convenience and comfort
Integrated smart home systems deliver convenience and comfort to residents like never before. Users can simplify daily routines, rely on notifications for proactive updates and use a mobile device app to check that doors to the home are locked.
In what other ways can smart home technology benefits enhance convenience and comfort for residents?
· Automated maintenance and servicing notifications can streamline to-do lists and escalate issues, simplifying the lives of both residents and building management.
· AI-powered solutions — where Samsung is leading the way in appliances — offer synchronized settings, like auto-open doors, empowering users to control spaces effortlessly with the SmartThings app.
· Residents can personalize their home environment and set household routines to tailor their living experiences.
· Smart home technology provides an advanced opportunity to manage all smart devices without a remote control. From managing settings on audio and video systems to adjusting the thermostat and controlling window coverings, users can manage devices from anywhere using only an app.
Add value through smart technology integrations
The integration of smart technology isn't just a luxury. For developers and property managers, it's a strategic necessity that adds value. By leveraging smart home solutions, you can offer residents unparalleled convenience, security, sustainability and comfort. These systems enhance the overall living experience and can be a true differentiator for someone seeking to rent or buy an apartment.
Now is the time to partner with a leader in AI smart home innovation to deliver efficient, sustainable and connected apartments. Learn how Samsung helped AMLI Midtown Miami take their apartment complex to the next level, and contact Samsung today to transform your property and meet the expectations of the modern resident.