Millennials Love Smart Homes: Here’s Why
Even bigger than the baby boomer generation, millennials are grown up now and buying homes. Many of them are buying smart homes. These young adults love smart homes, but you might be surprised about some of the reasons why. When it comes to home ownership, they aren’t like the previous generations. They want homes and lifestyles that reflect their values. This is one reason they are willing to spend a little more for a smart home. We’re going to discuss the reasons why millennials love smart homes and what they are looking for in a home.
Millennials grew up around technology
Millennials are a generation that was raised on the internet. They’re always connected, constantly texting, sharing videos and are digital natives Unlike their parents’ generation, they never experienced a world without rapid technological change. For millennials change and technological advancements are normal.
They are used to seeing a new brand of technology each year. Naturally, they want to invest in the latest and greatest technology — not just the latest iPhone. They want their home to be as advanced as their smartphone. This is just one reason they love smart homes.
Millennials care about the environment and sustainability
Millennials have a completely different mindset than previous generations. They are aware and passionate about climate change, reducing our carbon footprint, and our reliance on fossil fuels. They embrace new technology and energy efficiency. Millennials and Gen Z are charging the way in the market for sustainable products and services. Since a home is their largest investment, they are looking for homes that are smarter, energy efficient and environmentally friendly.
Unlike baby boomers and Gen X, millennials have been slower to buy their first home. The Covid pandemic, student debt, and the housing market has made buying a home more challenging for millennials. Because of this, they want to make sure that when they do buy their first home, they get the best value for their money. For them, a smart home is an investment in their future.
What millennials want most in a smart home
Smart home features that are popular with millennials include voice control, remote access to their home, and energy-saving systems. They love everything from smart thermostats to smart lighting, and smart watering systems.
Millennials must-haves include a smart thermostat. They want the ability to use voice commands and operate their thermostat remotely. They also like advanced features such as a thermostat that automatically adjusts the temperature based on their habits or how much energy they are using. They are interested in energy efficiency and the long-term savings you get by using a smart thermostat.
Smart home lighting is incredibly popular and is sought after by everyone, not just millennials. With smart lighting, you can use voice commands, schedule lights, and even control your lights remotely. And smart lighting can save energy too, which appeals to millennials. With smart home lighting you can schedule your lights to turn on and off automatically, adjust interior or exterior lights, and do much more.
Another smart home category that millennials love is entertainment. These days, almost everyone has a smart TV and smart speakers. In fact, 25 percent of Americans already have smart speakers in their home. However, millennials want more than standalone speakers. They want built-in wireless speakers and a sound system that they can control with voice commands or through a smart control panel.
A fully integrated smart home
The millennial generation is looking for the whole package when it comes to smart homes. They realize that in the future, smart homes will be the standard. They are willing to pay the upfront cost to have a truly smart home.
With smart home systems like Control 4, anyone can have a fully-integrated smart home. Control 4 is a leader in smart home technology.Thousands of brands and smart devices can be integrated into a Control 4 system. Control 4 is perfect for younger millennials with a limited budget, who might want to add smart features to their home and have the ability to scale over time.
If you’re interested in learning more about a Control4 smart home system, give us a call at (678) 392-2363. We can help you design a customized smart home system tailored around your needs and budget.