Right at the start of 2014, Google announced a surprising
move. It said it was purchasing a home appliance maker most of us had never
even heard of…for $3.2 billion in cash! It was a gambit
that every Centennial
homeowner should note, because it signals where some very smart money is headed:
right where we live! Remember, Google isn’t just famous for its search engine; it’s
also frequently in the news for its forays into any number of futuristic
enterprises (those mysterious barges, for instance).
The appliance maker that now has Google’s billions in its pocket is called Nest
Labs, Inc. Nest makes smart devices that reinvent the traditional ones every Denver homeowner has to deal with, like thermostats
and smoke detectors. “Unloved but important devices” was how the press
announcement put it. The unique feature of Nest’s products is that they collect “user
behavior” data (i.e., homeowner actions) in order to provide a more tailored
response. Google CEO Larry Page explained, “They’re already delivering amazing products you can
buy right now–thermostats that save energy and smoke/CO alarms that can help
keep your family safe.” The move of Google into the realm
of smarter homes is part of a broader trend. In the most recent American
Institute of Architects Home Design Trends Survey, there was a dramatic
increase in the use of technology solutions in the home. The survey noted an
increase in requests for entertainment, security and energy management systems.
Energy management systems are becoming increasingly sophisticated as households
are given the ability to manage their lighting and temperature over a wireless
network. As electronic cars become more prevalent, electronic docking systems
in the garage may also become commonplace. How does this affect the average Centennial
homeowner? As the minimum price of these systems decline, automated homes will
eventually become the norm. If today it costs around $2500 to automate your
home, it’s all but inevitable that similar features will fall in price (and
grow in sophistication). Then, when it comes to buying a Denver
home or listing your own for sale, the amount
of smart automation is bound to become a key selling point—trust Google! The ability to operate and manage your house from a
wireless devices such as your smartphone or laptop is already here…and Nest’s
learning technology signals a future where our home and appliances are able to
learn from our behavior and predict our needs. Keeping an eye on the future is
a good idea for any CentennialCherry
Village and Parker homeowner,
especially when you’re thinking of replacing one of those “unloved but
important” devices— and most especially when you’re contemplating listing your
home anytime soon. If that’s in your future, why not give me a call? As Google
is in the habit of demonstrating, it’s never too soon to prepare for the
future! Curious what your home is worth? Use our FREE online
valuation tool Click Here!
Jason Peck is a Broker
Associate at Keller Williams. He has been recognized locally and nationally as
in expert in real estate. Locally he is a Realtor Roundtable Recipient
with Denver Metro Association of Realtors. Nationally he has been recognized by
the Wall Street Journal and Real Trends as one of the top selling agents in
America. He is co-author of the National Best Selling Book, “The New Rise
in Real Estate”. For more information feel free to contact
himor call 720-446-6301.
Recognized as a top selling team in Denver Metro area. Nationally recognized for homes sold by the Wall Street Journal, Real Trends and Top 5 agent by RIS Media. Our goal is simple and that is to exceed our client's expectations by providing professional service, expert advice and exceptional results.
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