Key IOT Developments Improving the Property Industry

June 10, 2020

Internet of Things

The UK property market currently is thriving, and while some areas are doing better than others, an overall housing crisis indicates that homes are in demand more than ever. This doesn’t mean that any old property will suffice for the modern tenant, however, and property companies/developers are having to integrate modern sensibilities into their builds in order to appeal and ensure their projects stand the test of time going forward in this digitally-driven age.

Interested to find out more? Here’s how the ‘internet of things’ phenomenon is improving the property industry.

 

The Modern Home

Modern city apartments, such as the ones offered by RWinvest throughout Liverpool and Manchester, for example, are designed with state-of-the art fixtures and fittings, and interwoven with build techniques that will make them stand the test of time with insulation and overall energy efficiency. They’re catered not just to the graduating students that want to work in the city they’ve studied in, but also at the older generation of retirees and pensioners, that have decided to give up their now-oversized family home in favour of something more manageable. From smart assistants to smart fridges and freezers that let you know remotely what groceries you’ll need when out, IOT is helping to make these apartments living, breathing entities that can make lives better.

Interested in investing in property, or simply in finding out what sorts of things are being included in the modern property developments of today and tomorrow? Here are a few inclusions that you may very well already be familiar with:

  • Smart Assistants – An extremely popular feature in homes worldwide, starting with speakers such as the Google Home and Amazon Echo, smart assistants are now integrated in many appliances throughout the home. They are extremely helpful in assisting with planning, alarms, controlling devices through voice commands, and even asking simple questions, or for recipes. Many often describe these devices as the brain of the IOT, or the connective keystone that holds them together.
  • Smart Lighting and security – An important feature for those living in the city that want their homes to be secure and safe, smart security systems are a brilliant development in the IOT space. Rather than having to be hard-wired in and with archaic systems, cameras connect wirelessly over the internet, and can be accessed remotely when triggered through smartphone apps. This allows tenants to conveniently access and feel connected to their home, even when they’re out at work or on holiday.

 

The Smart Building

As cities grow densely populated, with an increasing number of young people wanting to come and live, work and thrive in urban areas, concerns of pollution and more are increasing, forcing investment companies and property developers to think more efficiently with regard to their designs. Perhaps in some ways an evolution of the IOT network that goes on within the average consumer home, smart buildings attempt to make networks of buildings, streets, and cities themselves. This means that in the not-so-distant future, not only will building managers be able to manage overall outputs as a whole such as heat and ventilation, but they can also pass on messages onto other buildings, helping the general environment to run a lot smoother.