When it comes to adopting smart-home technology, homebuyers and sellers are most interested in privacy and security measures. According to a recent study conducted by Scripps Networks Interactive in conjunction with the National Association of Home Builders and National Kitchen and Bath Association, three-quarters of those surveyed said they implement smart-home technology to keep their family safe and comfortable rather than to keep up with the latest technology. Another motivator is energy-efficiency, with the intention to boost resale value and reduce energy costs.
Here, some findings from the study:
- Millennials are the most likely to adopt smart-home technology to make their home convenient for daily tasks.
- Those in Generation X prefer smart-home technology as a means to make their home a healthy environment.
- Baby boomers favor smart home-technology to add value to their home.
- Eighty-five percent of millennials are likely to add smart-home technology to their home, compared with 73 percent of those in Generation X and 67 percent of baby boomers.
- The kitchen is the top spot for smart-home technology, with those studied purchasing app-enabled, connected appliances including smart refrigerators, motion-activated lighting and voice-activated speakers. Generation X respondents reported the kitchen as the top spot for smart-home technology more than any other generation.
- Fifteen percent of study respondents cited the front door as the most desired place for adding technology, while 13 percent cited the living room. Forty-four percent cited energy monitoring and light automation as their most desired tools. Computer-controlled or mobile device-operated systems, a doorbell camera and surveillance equipment also are popular.