Protection and Price: How Home Security Systems Impact Property Values and Resale



20203081_MILLENNIUM-FIRE_Social-Media-Content-Images-March-PropertyValueThe roof over your head is your largest financial investment, but what is under that roof is even more precious. As a homeowner, you enjoy your home, but you love your family, and you want to do everything you can to protect them. Home protection has been an important consideration for thousands of years, but over the centuries and decades, the methods used have become increasingly effective and sophisticated.


In the 21st century, home security has become even more powerful, and that is good news for homeowners and their loved ones. Maybe the desire to protect your home and family has led you to install a sophisticated alarm system — one with sensors to detect events like glass breaking, cameras to keep an eye on the front door, and electronic barriers that alert you when a car pulls in the driveway. Those sensors and systems give you peace of mind every day, but did you know they can also increase the resale value of your home?


Home buyers are increasingly looking for just these kinds of security systems, giving you one more reason to install one. Here are a few key things you need to know about home security and how it impacts the value of your investment.


Cost Benefit

The installation of a home security system is a relatively inexpensive home improvement project when compared to other undertakings like kitchen remodels or even new carpet. On average, a home alarm system costs between $330 and $1,040, depending on the features added. When you are thinking about putting your property on the market, this is a minor cost in relation to the long-term value.


Additional Benefits

Home security systems do much more than just deter burglars. Stopping home break-ins is important, of course, especially when you know that a new break-in happens every 14.5 seconds, but the new generation of alarms can also detect smoke, carbon monoxide and other invisible dangers.


Feature Values

When it comes to resale value, some home security features are more desirable than others. Integration with smartphones and technological sophistication are now givens, but buyers are increasingly looking for things like motion sensor lighting that extends over the driveway. Not only do these driveway lights deter crime, but they can also provide safer navigation after dark for homeowners and visitors alike. Home buyers are willing to pay more for this feature so you may want to consider adding it when you install your own home security system.


Keeping your home and family safe has never been more important, or more valuable. If you are thinking about putting your home on the market, a security system that incorporates the most cutting-edge technology, along with the most desired features could be a very smart upgrade to add.


Let Millennium Fire & Security make your home safe and more valuable. We will design a system based on your needs. We can perform a threat analysis of your home to design a system that is easy to use and can even be integrated with temperature controls, cameras, or automation. We aren’t like mass-market companies who say “one size fits all.” We know you and your needs are unique! Call us at 407-603-3881 for more information.