HomeSafety News How a Home Security System Can Increase the Value of your Home
Burglars know the signs of a home protected by a monitored home security system and know their chances of successfully breaking in are greatly diminished with these homes, compared to unprotected homes.
A neighborhood filled with homeowners protecting their property and families with a professionally installed and monitored home security system create a desirable living environment, particularly when a home is put up for sale.
Here’s a look at how a professionally installed and monitored home security system can increase the value of your home.
Your eligibility for discounts on your homeowners insurance.
Home security systems are considered a valuable addition to your home by insurance companies. In fact, many insurance companies offer as much as 20 percent discount of your monthly premiums when a security system is present in your home.
Insurance discounts are competitive and one of the largest discounts comes from having a home security system installed in your home. Contact your insurance agent to find out more details on what discounts you could receive because of your security system.
Buyers are willing to invest more in a safe and secure home.
When we feel like something offers safety and security, price becomes less of a deciding factor in a purchasing decision. Whether it’s a new car to keep your children safe or proper footwear for a construction job, you aren’t going to mind a higher price tag for these items if they help you stay safe.
The same is true of your home. If you’re preparing your home for sale, a monitored home security system should be high on the list of features you want to share with prospective buyers.
Being able to demonstrate how sensors protect doors and windows, how the motion detectors work in the open spaces in your home, and how you use the smoke detectors, carbon monoxide sensors, and flood warning systems will create a real sense of safety and security with at least some potential buyers. You are more likely to get your asking price, or receive offers close to it, when the security features you’ve installed and use resonates with them on a real, personal level.
When a prospective buyer can start to quantify the upgrades and improvements they won’t have to undertake should they purchase your house, the greater your chances are of getting the price you want.
These home security investments can include:
Hardwired home security systems that will be left behind
Hardwood or reinforced exterior doors
Commercial grade deadbolt locks for all exterior doors
Each of these items represents a real commitment of time, money, and other resources and cumulatively add up to a sizeable investment. For many prospective buyers, the idea of not having to do these things can become a significant factor in their purchasing decision.
You’ll gain personal peace of mind.
By having a home security system installed in your home, you are adding value to your everyday life. Your security system will help you feel safe while you’re there and secure knowing your home is being watched out for when you’re away. And with advances in technology, some systems even allow you to check on what’s going on in your home wherever you are, from any web-enabled device.