How AI is changing homeownership
REMAX Southern Africa shares comments on how AI has the power to shape and change homeownership.
Artificial Intelligence (AI) is emerging as an invaluable tool for current and prospective homeowners. Property giant, RE/MAX Southern Africa, highlights how embracing AI can significantly enhance homeownership experiences, from renovation suggestions to financial management.“We recognise the immense potential of AI to transform homeownership, from cost effective design suggestions to precise budget management, integrating AI into daily living and home planning offers incredible advantages, making homeownership not only more enjoyable but also more financially savvy,” says Adrian Goslett, Regional Director and CEO of RE/MAX Southern Africa.
Imagine standing in your garden, taking a photo, and instantly receiving professional-quality landscaping ideas tailored specifically to your space. AI technology makes this possible by using sophisticated algorithms that analyse images, understand spatial dynamics, and suggest practical and aesthetically pleasing landscape designs. And this doesn’t stop at landscaping – AI tools can also be used to help you plan the interior design of your home.
“These personalised AI-driven recommendations empower homeowners, enabling them to visualise and plan projects efficiently and creatively without necessarily going to the expense of hiring an interior designer or landscape designer,” he notes.
AI tools can also be used to help budget and plan for expenses. AI tools can give personalised advice based on spending habits, financial goals, or historical data, guiding smarter decisions. AI-driven budgeting tools can also help you set realistic savings goals (e.g. for transfer duty or home renovations) and consistently monitor progress.
There are also applications for AI in home security systems. AI-powered security systems can intelligently analyse behavioural patterns, detect unusual activities, and alert homeowners proactively, significantly increasing home safety.
“As the property market evolves, so do the technologies supporting it. AI provides tools for homeowners to make informed decisions, enhance their living spaces, and achieve greater financial stability and security. As the technology improves and evolves, I’m sure we will see more and more AI-driven features being integrated into homes across the country,” he concludes.