In recent years, there has been a lot of buzz about Smart Homes, especially during conversations around the Internet of Things (IoT). Many movies/documentaries today feature homes that have voice control systems, monitors built into the walls, and smart devices programmed to take control of the home while they are either sleeping or away from home.
Imagine monitoring the security of your house in Nigeria from your smartphone while you are away on holiday in another country. Or waking up to a fresh, steaming cup of coffee in the morning, simply because before you went to bed, using your smartphone, you scheduled your coffeemaker to craft your perfect cup of coffee by 7 am every morning.
This is the beauty of Smart Homes!
Smart Homes uses internet-connected devices to enable the remote monitoring and management of appliances and systems, such as security, lighting, and heating.
With technological advancement, the invention of the latest Smart gadgets including IoT devices is on the rise. These smart gadgets include everything from smart TVs, fridges, window blinds, plumbing, coffee machines, watches, etc.
These technological developments have uncovered a new future for real estate development in Nigeria. Smart Homes in Nigeria will see many houses increasingly being built “smart” from the ground up. Including technology in your house will at this time, no longer be an afterthought but a lifestyle that will control.
According to a recent survey by Statista Global Consumer Survey conducted in Nigeria in 2021, 68% of 1049 Nigerians, answered “Yes” to owning and using smart devices.
What does this mean for Real Estate Developers in Nigeria?
In the world of real estate and home construction, the ‘new normal’ is to focus on customer demands and expectations for their future homes. This simply means that estate developers in Nigeria should immediately include FTTH technology in their plans for Homes, Apartments, and Estates. It will serve as a smart move to boost the ratings of their listings in the market.
Estates with reliable Home Fiber Internet connections give their potential clients the assurance of high-speed, reliable connections to ensure their bandwidth-hungry Smart devices are able to function up to the capacity required to enable their Smart Home to the optimum level.
The future of Smart Homes is here!
How Smart Home concept will be a Game Changer for Real Estate in 2019
When it comes to the real estate industry and specifically the housing market, introduction of Smart Homes, leveraging IoT technology, has seen a rapid increase over the past decade.
As a consequence, Smart Real Estate Solutions are now being proposed by many IT solutions providers.
Beyond this, since smart homes are in their infancy, high-market value, competition, and high-demand causes snapped backed listings.
More individuals would also be willing to leave smart home technology like the Nest thermostat, SmartThings Hub, and Philip Hues bulbs, installed in the home if they believed that the home would sell faster.
Wrapping this type of technology into a home via pre-installed tech makes the home that much more desirable to a millennial homebuyer.
