When you envision the next generation of occupants, what comes to mind? Adults under 40 are a future large group of occupants who will be in the market for rental properties, and they have wishes that are strikingly different from those of older generations. As a property owner in Orlando, it’s crucial to remain aggressive in the single-family rental home market by thinking through what these young adults want in a rental home and creating the upgrades that will bring your rental homes to the modern era.
Along with handheld smart technologies, smart homes are becoming more obvious. Lots of young occupants have grown up with a few smart technologies in their family households, including smart thermostats and lighting. With these technologies, it’s easy to tune a thermostat or turn lights on or off with a few clicks. These technologies are not just fancy accessories: smart technologies can make it easier to find residents for a rental home, as well as solicit quality, long-lasting occupants. Let’s take a closer peek at smart thermostats and lighting, and how they could help you as a rental property owner.
Upgrading to a Smart Thermostat
What makes a thermostat “smart”? Smart thermostats are programmable thermostats that learn from your performances. They keep details of energy consumption, turn off if no one is home, and monitor the home’s internal climate remotely. In terms of value, smart thermostats can prevent occupants from spending hundreds of dollars each year on energy charges and ensure a comfortable temperature inside at all times. While smart thermostats may seem a bit uneconomical, the will save you money in the long run.
Upgrading to Smart Lighting
Smart lighting, like smart thermostats, is a lighting system projected to conserve energy. High-efficiency fixtures and automated controls can tune based on how many persons are in the home and how bright it is outside. Smart lighting can be programmed, controlled with an app, or automated to cut back energy. Among the smart technology upgrades, smart lighting is one of the easiest and most reasonable options, which makes it a great place to start.
For the tech-savvy occupants of today, the care, handiness, and productivity of smart technologies is a strong enticement. Rental property owners with these features may find it easier to attract the under-40 crowd. For more information, please contact us online or call us at 407-624-4706.