Security is one of the top priorities for property owners and tenants alike, especially in apartment buildings where many people share a common space. As technology develops, so do the options available for improving safety and convenience.
One such solution is the apartment video intercom system, which has become increasingly popular recently. But is it worth the investment? In this blog, we’ll explore how video intercoms can help you decide if it’s the right move for your property.
What is an Apartment Video Intercom?
An Apartment Video Intercom is a security and communication system designed for multi-unit residential buildings, like apartments and condos. It lets residents communicate with visitors via audio and video at the entrance of the building before granting them access.
The system includes a camera at the entrance panel and a screen inside the apartment with a two-way audio feature. The intercom is often integrated with a door release mechanism, enabling residents to remotely unlock the entrance door for approved visitors as mentioned above. Now, let’s dive into some reasons why video intercoms are a must-have in your apartment building.
Video Intercoms Improve Tenant Security
Video intercom systems are game changers when it comes to tenant safety. Unlike traditional audio-only systems, video intercoms offer visual confirmation, remote accessibility, and integration with other security measures, significantly improving an apartment complex’s overall safety. Let’s talk about each of them in detail:
Visual Verification of Visitors
One of the primary benefits of video intercom systems is the ability for occupants to visually confirm the identity of visitors before granting access. This feature reduces the risk of unauthorised entry by giving occupants a clear picture of who is at the door. Instead of relying solely on voice identification, residents can see visitors through a high-definition camera, so they don’t have to guess.
Remote Access Control
Modern video intercom systems let residents and property managers control access remotely using smartphones or other connected devices. Whether at work, travelling, or simply lounging at home, you can grant or deny access with just a few taps. This feature is especially useful for deliveries or unexpected guests, adding a layer of convenience without compromising security.
Deterrence of Criminal Activities
A visible video intercom system acts as a deterrent to potential intruders. Knowing that their actions are being checked and recorded can discourage theft, vandalism, and other security breaches. This not only protects tenants but also reduces the frequency of incidents that could harm the property’s reputation.
Integration with Other Security Systems
Video intercoms can be often connected easily with other security measures, such as security cameras, alarm systems, and keyless entry systems. This creates a comprehensive security network, ensuring that every corner of the property is secure.
Installing Video Intercoms Increase Your Property Value
Investing in a video intercom system doesn’t just improve security; it also significantly increases your property value. With tenants increasingly prioritising safety and convenience, properties with advanced security systems stand out in the competitive rental market.
Modernising Building Infrastructure
Video intercoms are a step forward in building infrastructure, showing potential tenants that the property is modern and well-maintained. This type of upgrade allows people to see the building as forward-thinking and therefore, making it capable of meeting the demands of contemporary living.
Enhancing Curb Appeal
The sleek design of today’s video intercom systems contributes to a building’s overall aesthetic appeal too. A stylish, user-friendly system at the building’s entrance can create a positive first impression, making your property more attractive to prospective tenants.
Meeting Market Demand for Smart Technology
Smart home technology is no longer a luxury. In fact, it’s an expectation for many renters. Features like video intercom systems cater to this demand, offering convenience and functionality that can justify higher rent prices. As more tenants seek properties equipped with smart features, adding video intercoms ensures your building remains competitive in the market.
Cost Savings on Security Management
While the initial investment in a video intercom system may seem high, there are long-term cost savings. Here’s how:
Reduction in Staffing Costs
Traditional security measures mean there will be a team of guards or a concierge to manage building access. Video intercom systems can automate this process, significantly reducing the need for on-site staff. Property managers can reallocate these resources or save on salaries altogether, resulting in considerable cost savings over time.
Lower Maintenance and Operational Expenses
Older security systems require frequent upkeep and replacement of parts. On the other hand, current video intercoms are designed to be durable and low-maintenance. Software updates are often handled remotely, and the hardware is built to withstand daily use, reducing the need for costly repairs and replacements.
Tax Incentives and Write-offs
In many regions including NZ, investments in security technology may qualify for tax deductions or incentives. Property owners can benefit from these to offset the upfront costs of installing a video intercom system, making your investment even more financially attractive.
Here’s What You Should Consider Before Investing in Video Intercoms
While the benefits of video intercom systems are clear, there are a few factors you to consider before investing to know whether video intercoms suit your apartment complex.
Initial Installation Costs
The upfront costs of purchasing and installing a video intercom system can vary depending on the size of the property and the complexity of the system. You need to evaluate your budget and consider the long-term savings to determine if it’s the right fit.
Compatibility with Existing Infrastructure
Before installation, assess whether your building’s current infrastructure can support the new system. Older buildings may require additional upgrades to accommodate the technology, which could increase the overall cost.
Scalability and Future-Proofing
Ensure the system you chose is scalable and capable of integrating with future technologies. A system that can evolve with your property will save you from having to invest in a complete overhaul later on.
The Bottom Line
Video intercom systems offer exciting benefits for apartment buildings, from enhancing tenant security and increasing property value to delivering cost savings on security management. They provide a modern, efficient solution to the growing demand for safety and convenience in rental properties.
So, is investing in a video intercom system worth it? For property owners looking to modernise their buildings, improve tenant satisfaction, and stay competitive in the rental market, the answer is a resounding yes! Take the first step toward a safer, smarter building by consulting with a security professional to find the system that’s right for your property. Your tenants and your bottom line will thank you!
