What kind of value do smart devices add to your home?

SIOUX FALLS, S.D. - Smart devices in your home, like a security system or smart doorbell, can help increase the value of your home when it comes to convenience and comfort. Alex Hobbs, who is a general manager at a Verizon Wireless store in Sioux Falls, said the smart devices for the home started with security cameras. Thermostats and outlets that are controlled through an app on your phone were the next devices to come out. The voice-activated systems like a Google Home or Alexa device tie all of those things together. Instead of using a phone, you can tell the Google Home to turn off the lights plugged into your smart outlet or to turn down the smart thermostat.

The Nest thermostats are about $170 but can save homeowners about 10% to 15% on their heating and cooling bills. Hobbs said one of the most common products people go into a Verizon store looking for is the fire alarm. It can alert you when there's a fire in the home or when it detects carbon monoxide.

All of these smart devices can be run through any type of smartphone. The apps are free to control the devices initially. If you start to add on features, then there's a monthly subscription. For example, the security cameras save footage it takes for 24 hours. If you'd like to save it for 30 days, then you can sign up for a monthly subscription service.

Tara Allen, who is the CEO of the Keller Williams Allen Edge Real Estate Team, said homeowners see the convenience and comfort in home smart devices, which can positively increase your overall lifestyle when it comes to smart products in the home. She said people in the upper price range when buying a home tend to factor in having smart devices. Real estate agents in other larger cities across the United States said smart homes are a bigger deal in any price range. Allen said Sioux Falls is usually behind the curve a little bit when it comes to housing trends, but the city should catch up eventually in this area. Right now, she's seeing quite a few audio systems throughout the house that can be run through your phone.

Since the housing market is so competitive, having smart devices can help your home sell faster and for top dollar. Allen said every buyer has a wishlist and smart devices might not be on it. But if the home offers them, then a buyer might be able to give something else up on the list and buy the house.