Real Estate Investor Magazine South Africa Real Estate Investor Magazine - September 2017 | Page 25

TECHNOLOGY Welcome Home Smart homes on the rise BY MONIQUE DU TOIT T he gap between fact and fiction is closing fast, with daily additions being made to the world of smart home technology. Toasters talking to phones, lights sensing the right time to switch on and off, doors that unlock remotely. No longer the stuff of fantasy (or nightmares), the Internet of Things (IoT) is fast becoming a part of homes worldwide. Smart homes, by definition, are enabling users to be more efficient and connect- ed. By using users’ data, along with If-This-Then-That (IFTT), devices are able to preempt our needs and act accordingly. Why would we want some machine to have access to our homes’ data? While security risks are, at this stage, a very real concern, the advantages are intriguing to say the least. South Africa has been slow to embrace smart homes, largely due to high costs and lacking infrastructure. With each new neigh- bourhood or lifestyle estate being built, however, this divide between global and local trends is closing. only is this great for safety, it’s also sneakily convenient. Automated lights are one of the trendier aspects of a smart home. Home owners are able to dim, switch on, or even change the colour of lights. Several types of automated lights are available, ranging in spec and price. While this is fun, it’s also practical. You are able to remotely switch on your lights if you know you’ll get home late or set certain lights to switch on at certain times if you’re away on holiday. Environmentally conscious The IoT makes it possible for anything in your home to be connected. This opens up a world of opportunity for conve- nience and efficiency. With all the big names in tech (in- cluding Amazon and Google) making their steps into Smart Homes, the industry seems primed for further exploration. Within the South African context, Smart Homes offer sev- eral distinct advantages (to those who can afford it, of course): The current drought experienced by several South African cities proves that more needs to be done to reduce water us- age. Luckily, there’s an app for that. Or, more accurately, an automated system. As many of us already know, we are able to install automated irrigation systems in your garden. Now, however, it’s possible to monitor how much water you’ve actu- ally used - and adapt usage accordingly. South Africa makes up for its water shortage with heaps of sunshine. As a result, solar power is taking off as a viable alter- native to traditional methods. Linking solar power to a smart home makes sense, as is seen in several new products to hit the market. Customers are able to instruct power-hungry appliances to run off of battery power, thus lowering electricity usage when home owners return from work at the end of the day. Not only will this save money in terms of utility bills, but also greatly mi- nimises the strain on the national electricity network. Security cameras are already popular with South African home owners, offering them the option to monitor activities in or around their homes from anywhere with an internet connection. A smart home incorporates this - and many more. Smart garage doors enable you to remotely keep tabs on your cars’ home and even allows you to open or close it at the push of a button. Not Whilst many may consider a smart home to be little more than a passing fad, studies have shown that this type of integra- tion leads to higher selling prices. In a market where more and more young, tech-savvy buyers are looking to set down roots, it is essential for investors and developers to stay up to date with the latest advancements. Conveniently clever Safety and security: The bottom line SA Real Estate Investor Magazine SEPTEMBER 2017 23