How Home Security Can Increase Your Home’s Value

Have you noticed how the real estate market has been booming lately? If there was ever a time to sell your home, it is now. Ready or not, we have officially entered a seller’s market. In fact, the National Association of Realtors has named the Provo-Orem, Utah market one of the top ten markets in the nation in 2020, despite the pandemic. They also predict it will be one of the most successful markets after the pandemic. So how can you capitalize on this and get the most value for your home?

The Appeal

According to a survey conducted by realtor.com, 4 in 10 Americans expressed they were more interested in adding smart home features to their homes. Having home security already installed in your home can set your home apart from other listings. As of March 2021, the average sale-to-list price is 100.1%. This means that the average home is selling for above its initial listing price. So, any perk or advantage can be the difference between a buyer choosing to buy your home or going with someone else’s in this competitive market. 

Savings

Hopefully, you’re taking advantage of saving on home insurance with your home security system, but in case you aren’t this is your reminder.  Most insurance companies will give homeowners with a home security system a discount of up to 20%. You are less of a liability to them with your system, therefore, you pay less. This lowers the financial burden of being a homeowner. Then, when you’re ready to sell your home, you get both the appreciation value and the savings from home insurance.

Convenience 

Lastly, have a combination of home security and home automation devices in your home add a level of convenience that you simply cannot have without a security system. These devices save you time and money and give you a level of security that is invaluable. 

Call WISE today if you’re ready to add more value to your home! 1-844-904-9473