Home alarm systems can be particularly hard to calculate into resale value or return on investment (ROI) because their job is to prevent loss rather than achieve gains. You purchase a home alarm system with the hope that you never need to use it.
The reality is that a burglary is reported to police every 14.5 seconds. But robbery isn't the only thing that alarms can save you from. Smart alarms can detect smoke and hazards.
More than ever, homeowners want to feel safe in their homes. A built-in alarm system may be just what it takes to get your house off the market.
1. Alarm Systems Aren't as Expensive as They Used to Be
According to HomeAdvisor's survey, most homeowners invest between $330-$1,040 when purchasing and installing home alarm systems. However, with the advent of smart, connected technology, home security is more affordable than ever.
Products like the Nest Cam Outdoor monitor your home in 1080p high definition video that you can access from your smartphone 24/7. This monitor also has a two-way audio feature, meaning you can use your voice to scare off intruders or give live instructions to a delivery service. Smart products allow you to monitor your home yourself, which cuts down the cost of hiring a security company to do the monitoring for you.
Smart products send security alerts right to your phone, allowing you to act fast and take control. Monthly security subscriptions on smart products are usually a fraction of the cost of subscribing to a traditional security service.
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