From smart thermostats to video doorbells, tech-savvy tenants are increasingly drawn to properties equipped with modern gadgets. But should landlords invest in smart home technology—and is it worth the cost?

The Benefits

Installing smart devices can make your property more appealing, especially to younger tenants or professionals looking for convenience and energy efficiency. Gadgets like smart thermostats, lighting systems, and security cameras can offer better control over energy use and enhance security—making your property stand out in a crowded market.

For landlords, some smart tech can bring added peace of mind. Smart smoke detectors, leak sensors, or door locks can help prevent costly damage or offer remote access and alerts, even when you’re not nearby.

The Drawbacks

However, there are a few considerations. Smart devices come at a cost—not just to install, but to maintain. Technology can become outdated, and you may need to provide support if tenants struggle with the systems. There’s also the issue of data privacy. Devices that collect or store information may raise concerns for tenants, especially if not managed transparently.

Ownership and Responsibility

It’s important to clarify who’s responsible for the gadgets. If you provide them, you’ll likely need to maintain them. Make sure any smart tech is mentioned in the tenancy agreement, including usage terms and responsibilities for repairs or updates.

Should You Install?

If you’re letting a modern or high-end property—or targeting tenants who value tech—it may be a worthwhile investment. For more traditional lets, sticking to the basics might be more practical.

Smart home gadgets can add value and appeal, but they’re not essential for every rental. Consider your property, your tenant demographic, and your budget before making the leap. At Sawyer & Co, we can help you weigh the benefits and make informed decisions about enhancing your rental property.