The Rise of the Smart Home, Apartment or Condominium

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The Rise of the Smart Home, Apartment or Condominium

There has been a rise of the smart home, apartment, and condominiums. No mater which place you call your home — living arrangements in urban areas and vacation hotspots have definately become “smart.” Especially in tech, most people are willing to spare no expense to deck out their apartments, homes and condos in the latest high-tech gadgets and gizmos. If you want to jazz up your space, here’s a look at the type of technology available to turn it into a “smart” home, apartment or condominium.

The Internet of Things (IoT)

Integrated technology has a term — it’s called the Internet of Things (IoT). Connected cities and connected homes are fast becoming the way of the future. Research shows that 50 percent of renters own a virtual personal assistant (VPA) like Google Home or Amazon Echo. These devices link to other devices like your smartphone, tablet, and smart TV.

Once connected, you can play music, podcasts, videos, or search for information on the internet, all through voice command. You can also connect various parts of your home, such as the lighting, doors, and appliances, to the VPA and instruct it to switch lights on and off, turn on the TV, lock doors, and set the alarm system.

The latest home technology allows you to use your smartphone to see who’s at the front door when you’re not home. You can even take it one step further by unlocking the door to allow a handyman or contractor in to complete work while you’re away. All of this can be done remotely by the touch of a button on your smartphone.

Smart Appliances

Home automation is a rapidly growing industry. From smart thermostats that allow you to control the HVAC system remotely to smart kitchens. Smart appliances have shown steady growth since 2016, and the smart appliance market is predicted to hit $37.2 billion by 2020. Voice-activated coffee makers and refrigerator doors that display what’s inside the fridge are just the starts. Technology is already in place that can connect every kitchen appliance to a smartphone app or VPA like Google Home.

The smart kitchen of the future, with the help of Artificial Intelligence, will even cook meals for you. CookingPal recently launched the innovative Julia Smart Kitchen Machine that can chop, knead, weigh, mix, emulsify, and steam — all in one machine. It connects to a smart kitchen hub with over 500 preloaded recipes and can be voice-controlled via Google Assistant or Amazon Alexa.

Eco-Friendly Technology

Condos that feature energy-saving technology is becoming increasingly attractive to renters, especially environmentally-conscious millennials. Condominium buildings can become more eco-friendly with solar panels, green roofs with organic gardens, water tanks to collect and recycle rainwater, and a gray water system that uses the water from sinks and showers for irrigation.

To reduce energy use inside your condo, install appliances with the ENERGY STAR label, switch to low flow showerheads, upgrade to a smart HVAC thermostat, and install a water leak detection system.

Insurance companies say the majority of household insurance claims are linked to water leaks. A burst water pipe or a slow leak both result in a considerable waste of water and damage to property. Your condo insurance will cover the cost inside your condo and should water seep into a unit below yours; you will be liable for the damage to that unit as well. You can avoid a catastrophe like this altogether by installing a water leak detection system like Water Hero.

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