If you are considering selling your house now or sometime in the near future, it’s essential to look for ways to up its resale value. One of the most effective upgrades you can do is installing home security systems for your property.
In today’s post, we’ll share how you can maximize the value of your property with a home security systems installation.
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Home Security Systems Can and Will Increase Your Home’s Worth
According to Realtor.com, home security upgrades are the number one priority for 63% of homeowners – and that is for an excellent reason. Having a security system in place at your home adds a level of protection and security that, quite frankly, is priceless.
In turn, many homebuyers are looking for properties for sale with a security system already installed.
Since you already have the system in place, all a buyer will need to do is get in touch with the security company to get it activated when you turn over the property to them.
So next time you think whether you should add a deck, improve the landscaping, or add a swimming pool to your home when you want to sell it, put an alarm system at the top of your must-have list. In fact, many homebuyers are even open to paying more for this fantastic feature.
The Perceived Value of Your Property
The perceived value is a marketing term that describes a buyer’s assessment of a product or service and how it can meet their needs and wants.
When it comes to properties for sale, an alarm system brings a substantial perceived value because of the undeniable functionality it provides.
Alarm and security systems are installed for the specific aim of keeping your property and loved ones safe. It’s not uncommon for buyers to look at that as a feature that justifies the cost they’re paying when they decide to buy your property.
Buyers will consider the additional layer of security, safety, and peace of mind that having home security systems bring. This is a powerful way to tap into the mind of homebuyers.
Take Advantage of Home Insurance Discounts
Home security systems work to prevent property crimes as well as emergencies such as floods, fires, smoke, carbon monoxide, and a lot more when combined with other residential security innovations.
Installing such systems can reduce your property insurance premiums. Insurance companies appreciate the steps property owners take to protect their properties. By having security systems at your house, it’s significantly less at risk than a home without one. Because of this, insurance companies are more open to charging you less.
The discounts will depend on your specific policy and your insurance company. However, many reports say that it can be as much as up to 20%, which is a good figure. While this doesn’t necessarily increase the value of your property, potential homebuyers will look at this as an attractive buying feature.
Add Value to Your Property, Add Value to Your Home Life
Any upgrade you want to add to your home requires serious consideration before buying it – that’s understandable. However, an alarm system is one of those upgrades that can do more than increase the value of your property. You’re also improving your home life.
From amazing smart automation features such as thermostat control, lighting control, etc., more and more homeowners are installing these systems even when they’re not also considering selling their property for the foreseeable future.
These systems definitely add convenience, safety, comfort, and security to your home, which is all priceless. What’s more amazing is these systems are highly customizable, so you can choose specific settings that work for you and your family.
When you decide to sell, you can also restore the systems to their default settings and let your buyer set it to their personal preferences.