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The Influence of Smart Home Furniture on Today's Realty Buyers

Jul 22, 2023
5 mins read
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Jul 22, 2023
5 mins read

Smart home furniture is becoming increasingly popular, and for good reason. These pieces of furniture offer a variety of benefits that can appeal to today's realty buyers. In the ongoing smart technology revolution, smart home furniture fits in seamlessly. Not only is it designed keeping modern aesthetics in mind, but also boasts intelligent, tech-enabled design that caters to a future-ready, efficient, and sustainable lifestyle.

So, how does smart home furniture impact today’s realty buyers? In this blog, we will take a deeper look at this question and talk about various facets of smart furniture for homes that make it a must-have for modern property buyers.

Smart Home Furniture: The Benefits

Smart home furniture is a term that refers to furniture that can be controlled or automated by voice, smartphone, or other devices. Smart home furniture can include items such as smart beds, smart sofas, smart tables, smart lamps, smart mirrors, and more. 

  • Smart home furniture can make life more convenient. For example, a smart bed can be programmed to adjust to your preferred sleeping temperature and position, while a smart speaker can be used to control your lights, thermostat, and other smart home devices. This can be a major selling point for busy buyers who are looking for ways to save time and energy.
  • Smart home furniture can add value to a home. Studies have shown that homes with smart home features sell more than homes without these features. This is because smart home features are seen as a sign of luxury and convenience, which are two things that many buyers are looking for.
  • Smart home furniture can make a home more eco-friendly. Many smart home furniture pieces are made from sustainable materials, and they can help to reduce energy consumption. This is another important factor for many buyers, who are increasingly concerned about the environment.

Smart Home Furniture: How Home Buyers View It

The smart home furniture market worldwide is booming, and that is thanks to increasingly positive perception that home buyers have of it. According to Statista, the global smart furniture market will surge to $668.8 million by 2025. 

Today, it is no surprise to see that the majority of modern home buyers in metropolitan cities would be more likely to purchase a home if it had smart home technology installed. For example, a recent survey by Amazon revealed that adoption of smart homes has gone up in India thanks to the availability of technologies like voice control. This is, in fact, an essential feature of many smart home furniture pieces as well. In an article, Forbes also suggests that 72% of millennials are ready to shell out more for homes that are considered ‘smart’!

So, what does this mean for realtors and sellers? It means that smart home furniture can be a valuable selling point and a competitive advantage in the real estate market. Smart home furniture can attract more buyers, increase the perceived value of the home, and potentially boost the selling price. However, there are also some challenges and considerations that need to be addressed when selling a home with smart home furniture.

Here are some specific examples of smart home furniture that can be appealing to buyers:

  • Smart beds that can adjust to your preferred sleeping temperature and position.
  • Smart speakers that can be used to control your lights, thermostat, and other smart home devices.
  • Smart light bulbs that can be dimmed or brightened with your voice.
  • Smart thermostats that can automatically adjust to the weather.
  • Smart locks that can be opened and closed with your phone.

These are just a few examples of the many smart home furniture pieces that are available on the market. If you are thinking about selling your home, it is a good idea to do some research and see if there are any smart home furniture pieces that would be a good fit for your home.

Conclusion

Overall, smart home furniture is a trend that is here to stay. As more and more people become aware of the benefits of these pieces of furniture, they are likely to become even more popular in the years to come. Realtors and sellers who embrace this trend and leverage its benefits can gain an edge over their competitors and appeal to more buyers. 

This means that if you are thinking about selling your home, it is a good idea to consider adding some smart home furniture to your staging. This could help you to attract more buyers and sell your home for a higher price. On the other hand, if you are looking to purchase a new home, then keep an eye out for those offering smart furniture. 

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