New Real Estate Technology Packs Big Value
New tech is making real estate safer, more affordable, efficient, and impactful…
Between new smart home tech gadgets, flexible and efficient architecture, and stronger more affordable housing materials both business and residential property is becoming more accessible and rewarding.
Smart Home Tech
A report on The Internet Of Everything (IOE) from NJ custom home builders Turnstone reveals a landscape which anticipates realizing almost $20 trillion in savings from new home technology. From Nest smart thermostats, to smart refrigerators, and Zwave controllers, and even simply faster internet speeds, this technology is making life more efficient. While some of this technology costs money for homeowners to build into existing properties, many new homes already come with it built in. As retailers, tech firms, and homeowners connect the dots every part of daily life can become more efficient. This means less wasted time, more productive time, real monthly cost savings, and depending on how much vendors pass of savings to consumers – lower living costs.
Safer Home Technology
Technology and innovation is helping to make real estate safer. Miami real estate firm the Vitnell Group recently highlighted some of the DIY smart devices property owners can install themselves to upgrade safety in their Florida homes. This includes apps like Live!y which makes it safer for the elderly to live alone, the August Smart Lock, and Nest’s new Nest Cam (aka the Drop Cam). They have the potential to make living in any property, anywhere, a little safer. But what about the structures themselves?
One California company hopes to build homes with Back to the Future style hover home technology that will keep properties suspended, and better able to survive earthquakes. Then there are perhaps even more people and properties at daily risk of hurricanes, typhoons, tornadoes, and other natural disasters. Mesocore Homes are being considered as solutions to disasters and replacement properties, as well as to build smarter going forward. These are permanent homes that can last longer, and reduce the cost of housing over an individual’s lifetime. That’s on top of the comfort of knowing your family is safer, and the family home is still going to be there.
Green Real Estate Tech
More greener, sustainable, and environmentally friendly housing is critical. It’s essential for healthier living, and protecting the space we live in for the next generation and beyond. It is also becoming mandatory due to regulations. It’s great that big corporations, and hotel brands are racing to compete for LEED certifications and acclaim as trendy green resorts. However, leading minds in the sustainable living space like R.J. Martin in Hawaii remind us that LEED certification doesn’t always make for efficient homes in every area, nor affordability. Innovative, weather and location specific design, and technology that maximizes resources is paving the way for even larger leaps towards these goals, without pricing large sections of the population out of the market. This includes Tesla Powerwall style technology, rainwater harvesting, and materials like shipping containers which help preserve our resources, rather than tear them down, or allow waste to mount up.
Versatile Home Technology
If you’ve been to the world’s technology capital – San Francisco, California recently, or even San Diego, you’ll have seen shipping containers being used for a variety of business purposes in prime real estate spots. They are coffee shops, restaurants, and even entire malls. Manufacturers like Mesocore can even design units for use as schools, medical centers, libraries, and other businesses. Shipping container architecture is fast and affordable to deploy. And for all the reasons above helps make organizations more profitable and sustainable. In turn those savings can be passed onto employees and consumers to make their lives better as well.
What will you do with the new technology coming to the real estate market?
