Many would-be first-time homeowners are intimidated by the thought of taking care of their future homes. Beyond the initial purchase price, numerous hidden costs, such as insurance, maintenance, renovations, and more, can quickly add up if not managed properly. New homeowners may lack the hands-on experience to maintain their homes, so it keeps its value. So, what are new homeowners doing? They are turning to technology for help. Here are a few ways they use technology to help them care for their homes.
Educational resources
Many younger buyers don’t have first-hand knowledge of home maintenance like previous generations did, so they are looking for resources to learn. First-time buyers can now access a wealth of educational resources online, from YouTube tutorials to articles and videos explaining the ins and outs of home maintenance. With these do-it-yourself resources, new homeowners are breaking out their toolboxes to learn to take care of their homes independently to save money.
Project management and renovation tools
Many first-time buyers settle for fixer-upper properties because they are more affordable while house prices are high. However, planning the renovations to update their properties is challenging. New renovation and project management tools can help make the process easier. These platforms help homeowners budget effectively for remodels, find reputable contractors through vetted directories, and maintain oversight of project timelines and expenses. Some tools even use artificial intelligence to suggest energy-efficient upgrades or estimate the return on investment for various home improvement projects. With these tools, the process is much more manageable than it used to be and far less intimidating.
Community and support networks
First-time homeowners aren’t just buying a house and joining a new community. So, they’re using technology to connect with neighbors, build community, and even seek advice on homeownership. Through social media groups, apps, and more, new owners can find a support network that offers guidance on their homeownership questions or even helps them navigate the homeowner association.
Future of homeownership technology
As homeownership technology continues to evolve, the next generation of owners will take advantage. Experts believe that predictive analytics and AI-driven insight tools may soon offer even more help in managing a home. With the help of these tools, owning a home doesn’t have to be as stressful or confusing as it once was for new homeowners. New owners can use technology to help them maintain their homes so the property retains its value and they have a secure and comfortable place to live in their chosen community!