Today we are answering a commonly asked question, “does an alarm system increase your home value”?
The short answer is a big YES.
An alarm system is a reliable home security product for keeping a homeowner’s family, assets, and valuables safe from intrusion. It sends timely notifications to homeowners when an unauthorized person tries to access their property. This makes homeowners confident their home is secure, increasing their property’s value. Read on to learn how an alarm system increases home value.
Why an Alarm System Increases Home Value
Installing a home alarm system is one of the most effective ways of boosting a property’s value. Here’s why:
Increases a Home’s Actual Value
As home security systems’ popularity continues to skyrocket, many homeowners want to buy houses equipped with a modern security system. These systems assure customers that they are investing in safe and secure property for their family, assets, and other valuables. This increases demand and the home’s actual value.
Suppose the home has a pre-installed alarm system. In that case, the buyer only needs to contact a security company for minor fixes. Homeowners save money, time, and effort trying to look for security systems and professional installers. Many buyers are willing to spend more for this convenience.
Boosts a Home’s Perceived Value
An alarm system has a monetary value and perceived value. The monetary value increases a home’s market price, whereas the perceived value enhances a property’s functionality by increasing family safety and security.
Some buyers analyze alarm system value when shopping for a house. Checking these details helps them determine if the added monetary value is enough to justify the property’s cost.
Other buyers consider the potential benefits an alarm system offers. They examine the system’s added security, safety, and peace of mind. Such buyers opt to buy a home that is peaceful and secure. A peaceful life justifies the increased monetary value, increasing the home’s demand and perceived value.
Reduces Home Insurance to Justify an Added Investment
One of the advantages of installing an alarm system is the reduced home insurance premiums. Security systems deter thieves, burglars, and other hazards, such as floods and fire, especially when networked with other security technologies.
Installing an alarm system often leads to reduced insurance premiums. These systems lower the chances of experiencing damage from burglary and natural disasters. Insurance companies discount a homeowner’s insurance premium rates due to the reduced risks.
The amount discounted often depends on the insurance company and a homeowner’s policy. Homeowners save nearly 20% on their annual insurance premiums for installing an alarm system.
Insurance companies love these systems as they protect property from nefarious threats. They like the fire and flood detection abilities these systems offer. The alarm ensures homeowners don’t get surprised by a flooded basement.
In case of fire, the system notifies the fire department immediately, even when a homeowner isn’t at the location. This prevents a fire from destroying the house, which is also an insurance company’s investment and profit.
While this discount doesn’t directly increase a home’s value, it justifies the value addition of a one-time investment. If buyers know this discount, they’re willing to pay more for the property as their investment has extra security that guarantees maximum profit yields in the future.
Prevent Internal Accidents and Threats
A home alarm system has unique features to detect invisible threats, such as gas leaks, fires, carbon dioxide, and natural disasters. These systems see malfunctioning devices and appliances in a home.
The importance of alarm system value is huge, as each threat damages homes and harms the homeowner’s loved ones. For instance, carbon monoxide is an invisible, odorless, poisonous gas.
Having an alarm system to monitor carbon monoxide leaks from household appliances, such as water heaters, is essential. It keeps a homeowner’s family safe from accidental carbon monoxide poisoning, which causes fatalities.
Home alarm systems have unique integrations that instantly notify homeowners and property authorities in case of possible danger. This offers a sense of security and indirectly increases a home’s value.
Offers Exceptional Convenience
Alarm systems provide the convenience of keeping an entire home safe with the touch of a button. Such convenience impacts the homeowner’s everyday life, saving them time, money, and worry.
Rather than tugging every window to ensure it’s shut or wondering if the door is locked, these security systems reduce mental and physical effort. They let homeowners lock their doors or windows, switch their lights on/off, and do other tasks with ultimate ease.
Modern security systems have extra automated features for added convenience. Today, an alarm system helps monitor an HVAC unit, control the lights, thermostat, fan, and send messages if anything happens. These features are offered in one place and regulated by the same company, providing an extra level of convenience.
With these systems, homeowners easily monitor their whole dwelling and modify it for extra security. For instance, homeowners switch on their hallway lights in the evening when they’re not around and turn them off again in the morning. This adds convenience and luxury to the homeowner’s life.
State-of-Art Home Monitoring
A home alarm system does more than set off a disturbing sound in cases of fire outbreak or intrusion. Experts should install it with professional monitoring solutions and services to offer an extra level of security. Homeowners receive a text message, email, or phone call from their security service provider when the system goes off.
Here’s the real argument for alarm system value: these products notify homeowners and neighbors about danger. Even if homeowners are not around, the neighbors are aware of the issue and can offer assistance if needed.
The security service provider calls to determine whether the alarm shows a real threat or a false alarm. If the company can’t reach the homeowner through a phone call, it seeks additional help to ensure they’re protected.
Prevents Costly Burglaries
The average cost of a U.S. home break-in is about $3,000. The loss of valuables or emotional toll caused is impossible to measure. An alarm system helps avert losses from burglaries by deterring or notifying the homeowner and security company of immediate danger.
These systems offer exceptional convenience, allowing homeowners to lock their doors and windows remotely. Homeowners can turn on their lights remotely to tell thieves someone is in the house, even when no one is around. When the morning light comes out, they switch off the lights to help save on energy costs.
Installing window sensors offers an extra layer of security. Homeowners receive alerts whenever the window opens below or above a certain point. While many property owners underrate this aspect of home security, installing a good alarm system increases a home’s value.
Leverage the Alarm System Value and Increase Home Security Today
An alarm system increases a home’s value by ensuring the utmost safety for the homeowner’s valuables and family. They also reduce insurance premium rates and costly burglaries while offering unmatched levels of convenience. These systems notify property owners, neighbors, and security companies of any danger, providing a sense of safety. To get the most alarm system value, homeowners must work with a reputable and professional security company. Such service providers deliver exceptional alarm systems and other security services to make a home stand out in the marketplace.