Your homeâ€™s market value is determined by many factors, including size, layout, location, age, and more. Your homeâ€™s amenities â€“ which includes things like a home security system â€“ can have an impact on its market value, too. How much a home security system directly impacts the value of your home can vary greatly, and is influenced by (and influences) many of those other factors.
While a home security system may not directly affect the market value of your home, it certainly increases your homeâ€™s intrinsic value. It makes your house a safer place to live because it acts as a deterrent to home invasion. It protects your valuables from loss. Depending on your insurance company and the type of system youâ€™ve got, it could even save you a few bucks on your home insurance each month.
Here are some of the particular factors about your home security system that might impact its value, the value of your home, and your overall safety and security: