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3 Facts Homebuilders Need to Know About Smart Home Installation Services

Find Out How Innovative Concepts Can Provide Assistance to Your Projects

3 Facts Homebuilders Need to Know About Smart Home Installation Services

If you’re a homebuilder or run a design-build firm in the Huntertown, Indiana area, it’s likely you already have heard about smart home technology.

Even if you don’t own a smart device, the chances are that someone you know does – whether they have an Amazon Echo, a Nest thermostat, or some other smart home system.

But what does that have anything to do with your role as a homebuilder? Allow us to explain.

More and more, potential homebuyers are becoming interested in smart home technology. And as a homebuilder, this presents a brand-new opportunity to increase revenues and industry partners by featuring these systems in your projects.

Below, we explore three facts you need to know about smart home installation services that can help your design-build company.

SEE ALSO: Prewiring: The Best Way to Ensure Smart Home Construction Success

1) Consumers Are Interested in Smart Home Systems

As we mentioned above, more and more consumers are looking for smart home technology as they browse for new homes.

Take the 2018 Coldwell Banker Real Estate Smart Home Marketplace Survey, for example. This study surveyed 3,000 American adults and asked them about their interest in smart home systems. The results were noteworthy.

More than 60 percent of all respondents said they would be interested in having smart home technology pre-installed in their new houses – including smart lighting systems, smart security components, smart thermostats, and more.

So, what does that mean for your firm?

Of course, the numbers show that potential homebuyers are looking for smart home systems in their new houses.

But it also means that you should be prepared – not only for when a client requests one for their custom build, but also for readily featuring these desired technologies in your other builds to attract potential buyers.

2) Featuring Technology in Your Builds Can Increase Profits

Every year, the Consumer Technology Association surveys homebuilders to determine how featuring smart home installation services in their projects has affected their business.

The 15th annual State of the Builder Technology Market released in May 2017 revealed some telling statistics about how smart home technology has impacted homebuilder businesses:

  • About 40 percent of respondents said that their revenues have increased since offering smart home systems as part of their projects.
  • Client demand for home automation systems and smart lighting control hit an all-time high in 2016. Not only did home automation see the most significant increase in consumer interest between 2015 and 2016 (7 percent), but it also carried the highest price tag for potential buyers.

What that means for your firm is clear: Not only are consumers increasingly interested in smart homes, but they are a potential profit-increasing opportunity for your business.

By showcasing smart home systems in your offerings, you can attract homebuyers interested in those technologies. And the numbers show that the demographic is growing.

So, how do you begin offering smart home installation services as part of your home design and build projects? That brings us to Fact No. 3.

3) You Don’t Have to Be Alone in the Process

Perhaps you don’t know the first thing about installing smart home systems. Our team at Innovative Concepts AV is here to help.

As Huntertown’s premier smart home installation services provider, we can partner with your firm to add smart home systems to your new builds.

We have years of dedicated experience in choosing and installing smart home systems in houses throughout Allen County. But we also are devoted to a professional approach to our projects and a personalized relationship with our design-build partners.

For every project that you partner with us, we will communicate with you to ensure we remain within the budget for your project and sort through all of the finer details – whether it’s permits, contracts, or something else.

If your firm also features home design services, we even can provide recommendations as to how you can better plan for smart home technology.

When your firm works with Innovative Concepts AV, you are gaining an important resource that values the partnership and genuinely understands the ins and outs of smart home systems.

 

If you want to find out more about our dedicated design-build process or our partnerships with local homebuilders, we encourage you to reach out to us.

Just click the live chat button below to reach out to a member of our team today!