How a Home Security System Can Increase the Value of Your Home
Wondering if it makes financial sense to get home security? You may not see your property value immediately increase by adding a home security system, but it can help you get discounts on homeowners insurance, protect your assets, and connect to smart devices that save energy (and those greenbacks).
And if the neighbors are also security-minded, you can work together to create a safer place for everyone and make your home more desirable when you do need to sell.
Homeowners insurance discounts
Home insurance companies will often reward homeowners who take precautions to protect their homes. Some insurance companies will offer discounts of up to 20% off monthly premiums for professionally monitored home security systems.1
Contact your insurance agent to learn more about discounts your security system could land you.
Prevent costly burglaries
The average home burglary costs around $3,000, and the emotional toll or loss of heirlooms can be impossible to put a number on. Home security systems and other security measures like cameras, strong locks, and good habits can help prevent thefts or break-ins.2
These up-front investments can help you save money—and time–over their lifetimes.
Do your kids leave the lights on long after they’ve left the room? Turn them all off at once from your phone or set a routine to take care of it. Need help lowering heating and cooling costs? A smart thermostat will make green choices for you.
Many home security systems integrate with smart lighting and thermostat control. You can manage them through the home security app and set up routines there.
Buyer appeal
Home safety and neighborhood safety are big considerations for lots of home buyers. Including a home security system can land you more leads.
Want to show buyers how safe the home is? Demonstrate how sensors protect doors and windows, how the motion detectors work in the open spaces in your home, and how you use the smoke detectors, carbon monoxide sensors, and flood warning systems work.
These home security investments can include the following:
- Hardwired home security systems that will be left behind
- Hardwood or reinforced exterior doors
- Strong locks for each window that opens
- Motion-detected exterior lighting
- Security cameras inside and outside the home
Each of these items represents a real commitment of time, money, and other resources. For many prospective buyers, the idea of not having to do these things can be a huge perk.
A feeling of safety
Your security system will help you feel safe while you’re there and when you’re away. With mobile apps and smart home integrations, you can check on your home between meetings at work, double-check that the pet sitter locked the door, or make sure the kids got home safely from school. And should something trigger the alarm, professional monitoring centers can alert you and dispatch authorities.
See more at…https://www.safewise.com/blog/home-security-system-can-increase-value-home/