Good London Builders 2024 Property Renovation Report: Consumer Technology Winning Over Wealthy Homeowners in Connected Home Market

In this episode of Global Economic Press, Alex Brady explores the evolving landscape of the luxury home renovation market, highlighting the impact of consumer technology on the preferences of affluent homeowners. The discussion centers around the findings from Good London Builders' 2024 Property Renovation Report, which reveals a significant trend among high-net-worth individuals opting for mainstream connected technologies over traditional bespoke systems. This shift is evident in the increasing selection of off-the-shelf solutions for audio, lighting, heating, and security, marking a departure from the complex custom automation systems that were once the norm.

Rory Gordon of Good London Builders shares insights into this trend, noting that while some clients still prefer comprehensive custom setups, many are now favoring simpler, cost-effective solutions that offer ease of use and regular updates through smartphone applications. Despite the accessibility of these modern connected devices, professional installation remains crucial to ensure optimal performance. The report indicates that, regardless of budget, most clients are gravitating towards these mainstream technologies, reflecting broader changes in home automation preferences. For more information about Good London Builders, visit Good London Builders.