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Buyers say they’re willing to pay extra for ‘smart’ homes

Posted on September 14, 2016 by Community Real Estate

Source: Washington Post

A study by Coldwell Banker found that 71 percent of buyers in a sample of 1,250 American adults want a “move-in ready” house and that 57 percent of those buyers looking at older houses would consider them updated – and more appealing as move-in ready – of they have smart-home features already in place. Fifty-four percent say that if they had to choose between otherwise identical houses, one with smart technology, the other without, they’d buy the smart home. Sixty-one percent of millennials would favor smart-tech homes, as would 59 percent of parents with children living in the house.

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