Do Home Security Systems Increase the Value of Homes?

Janie Howard Leave a Comment

In our last post, we talked about how Colorado Springs homeowners can keep their homes safe while on vacation. We recommended installing motion sensor lights, alerting the neighbors, holding the mail, and staying off social media. We didn’t mention home security systems though. While they are one of the best ways to protect your property, they can be expensive. In fact, some of the top-rated home security systems, like ADT, cost $50 a month, not including the installation fees. Nest cameras are $350 each.

Like with any expensive upgrade to a home, homeowners want to know about resale. Does investing in a home security system increase the value of a home?

The answer is: Yes.

Even though many home security systems are not left behind, they can be. Take Nest, for example. The product line offers cameras, as well as smart thermostats, smoke detectors, and more. According to a survey conducted by Better Homes and Gardens, many millennials (now current buyers) desire smart technology in a home. They believe it makes the home safer and also saves on energy.

The study concludes,

“More than half of U.S. women, including 64% of Millennials, believe that smart technology makes their home safer and enjoyable. Respondents report that indoor and outdoor lighting, door locks and security cameras are the areas in which they are most likely to adopt new technology in the future.”

For homeowners, this means investing in a home security system could increase the value of your property during resale.

Whether you decide to leave the cameras and equipment behind, buyers want secure homes. Properties that have been protected in the past are going to have a better track record against break-ins than homes that haven’t. Having a home security system in place during showings can communicate to potential buyers that your home has been kept safe.

Moreover, investing in a home security system will help you feel safe while you still live there.

If you have any questions about upgrades that increase the value of properties in Colorado Springs, give our team a call. We would love to talk with you about your home, and help answer any questions. Ideas of what to upgrade, what to pack and other ideas to make your home more salable is a specialty of ours.

 

 

 

 

 

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Janie Howard

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