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Sign into your accountHomes Are Getting Smarter: Can Real Estate Agents Keep Up?
July 15 2015
There are hundreds of products and services that go into building a home. It looks like there will be more as advances in technology are introducing devices that will make homes more intelligent. Tech giant Google is betting on it.
Recently, they purchased a company called Nest for approximately $3.4 billion. Yes, a "b." Nest specializes in smart technology for the home. Their website says, "We take what's familiar and look at it in a new light. Our team focuses on making technology that's simple, fresh and helpful."
They have developed a smart thermostat. They claim it will save the average homeowner 20 percent on their heating and cooling bills. You can control the thermostat from your computer, tablet, or smartphone. After a week or two, the thermostat learns how you like the home and self-adjusts to suit. It learns what you like and responds in kind. Now that is a real self-programming thermostat.
A 20 percent savings on heating and cooling bills is no joke. Lower costs raise property values. Many home buyers in my area ask their Realtor® for a copy of the heating and cooling bills of a home they're interested in purchasing. A 20 percent savings would be an average of approximately $600 per year, or $50.00 per month. In mortgage money, this is $10,000 of added home value. Money saving and ecologically sound--not bad.