Remember when garage door openers hit the market? This added convenience quickly became a no-brainer in new builds. Fast forward 20 years, and now you’ve got open floor plans, granite countertops and stainless-steel appliances that are all but a requirement. But it doesn’t stop there: Technology trends are taking over, too.
From smart thermostats to keyless entry systems to artificial intelligence security monitoring and more, there are multiple technologies available that can turn a living space into a smart, automated home. So how do you choose what to include and not to include in your latest multifamily real estate development project? Do you skip the smart home tech perks entirely, or weave in a few to attract more renters and buyers in your market and ultimately beat the competition?
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