How is the Internet of Things poised to elevate and transform any home into a luxury apartment?

How is the Internet of Things poised to elevate and transform any home into a luxury apartment?

Fundamentals of home buying | Jun 10, 2022 | 10 min read

The age of the internet is upon us, and it is rapidly changing how we live our daily lives. From the way we work to the way we commute, the internet affects all. And this integration of the internet with our daily necessities is what constitutes the Internet of Things. Most of us already use IoT (Internet of Things) devices without thinking about it. Smart TVs and connected doorbells are just a few of them. And while it is still in its infancy, IoT will soon turn even a simple apartment into a luxurious one.

How will the Internet of Things bring change to homebuyers?

IoT is a lot more than simply just voice assistants and thermostats. An apartment truly integrated with the Internet of Things will be interconnected and intelligent from the inside out. Any apartment with IoT will be able to transform into a luxury home. It will have these three key characteristics.

  • Smart services: This includes things like smart locks, smart lights, temperature control, as well as services like package delivery. These tech gadgets aim to make the daily life of the resident much simpler and easier.
  • Connectivity: An apartment integrated with IoT will have devices that are highly interconnected with each other. Use of speakers to hear commands and sensors will be ubiquitous.
  • Management: IoT will not only make the life of the resident easier, but it will also help out the management. It will create better living experiences for the resident by connecting with maintenance and management services to save time, cost, and effort. 

Control over climate

No, this does not mean you will be able to change the weather. But with the internet of things, you will be able to regulate the air condition, heating, ventilation, and air filtering of your home. All you will need to do is click a button and select the temperature you need your home at. Your IoT device will do the rest and work without any further input. You can even program it to change the temperature and the climate at certain times of the day or depending on the outside weather conditions.

Proximity sensing with Internet of Things

Imagine walking into your house after a busy day at work, and the door automatically opens itself. The temperature of the room is also set to cool you off or warm you up, depending on the weather. Well, this isn’t such a far cry if proximity sensors get their say. With the internet of things and linking your proximity sensors with your temperature control systems and GPS, this is possible. The GPS can accurately detect your presence and set your home to your ideal temperature a couple of minutes before you reach your place.

Sprinklers

Working on the lawn can be bothersome sometimes. A lawn irrigation system with inbuilt smart sprinklers can take care of it. They can collect weather data in real-time and sprinkle water on the garden based on the conditions. Such a system can help you save time and effort if you are busy at work and unable to tend to your garden.

Advanced Security System with Internet of Things

Home security is a top priority in any luxury apartment. While most homes are equipped with a security system, IoT takes it a step further. It can analyze data such as environment and weather conditions, air quality, and more to prevent damage to your home. The devices will be in constant touch with each other and will notify you in case of damage to your home, open windows, or unlocked doors.

The cameras can identify intruders and notify you or the authorities at a moment’s notice depending on your settings. They can also detect unusual levels of smoke or toxic games and raise a fire alarm. IoT will make your daily life simpler while keeping you and your family safe at all times.

Better response time from maintenance staff and managers

By interconnecting the apartments, IoT will enable the resident to connect with the manager much more quickly. They can raise the alarm or a complaint with a single press of a button, and the appropriate staff will be notified. It also helps by relaying real-time information about the building, which helps in more efficient management. IoT provides the residents with a faster response time while simultaneously providing managers with a lower cost of service and higher efficiency.

Conclusion

Internet of Things has been slowly but surely creeping into daily life. Currently, progress is slow, but it will surely be widespread in the future. With the advent of IoT, real estate developers will need to bring about changes in their constructions, both new and old, to accommodate it. The next wave of technology will go even further and connect with more networks to automate tasks. This will bring more comfort to the residents and a greater ROI for the investors. In fact, a lot of developers are already offering apartments with current IoT technologies. If you want to get one of those apartments but need the capital for the down payment, just visit HomeCapital. At HomeCapital, we provide up to 50% of the down payment as an interest-free personal loan so customers can buy the home of their dreams.

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