July 1, 2018
Should You Invest in Condo Building Security Systems
Should You Invest in Condo Building Security Systems?
By LLCR Staff

f you’re contemplating whether or not to invest in a condo building security system, we highly suggest you take the plunge. With burglaries occurring every 13 seconds in the US, it’s important to safeguard your home to protect you, your loved ones, and your valuables.

Why Your Condo Needs a Security System

Here are just a few reasons why a condo building security system is a worthwhile investment:

  1. Prevention– Even if your condominium has a security guard, unfortunately this protection is limited. Building security systems provide an extra defense against robbery, vandalism and violent crimes. Studies have backed up the effectiveness of security systems, specifically surveillance cameras, suggesting that they indeed reduce the number of low-level offenses, including automobile break-in and burglaries. In fact, according to research conducted by the BDI, condos without a security system are 300 times more likely to be robbed.
  2. Monitoring– Security systems enable residents to have continual awareness of what’s taking place in and around their property. Especially when you live in a shared building, it’s wise to have extra surveillance.
  3. Peace of Mind Over two-thirds of Americans do not feel entirely safe at home. Security systems can change this statistic and help residents go to bed and wake up feeling safe. It is comforting to know that there is a system in place that can deter criminals, provide protection, and keep you aware of what activity is taking place in and around your condo.

Are Security Systems Required for Condominium Buildings?

HOAs do not require security systems; therefore it’s voluntary for condominiums to provide security systems in and around the resident homes.

If your building does not provide each unit with a security system, consider installing one on your own. Be sure to look into your HOA’s security camera policy beforehand.

Wireless or Traditional Security Systems?

When you decide to invest in a building security system, the next big decision involves choosing between traditional hardwired alarm systems or wireless systems.

Here’s a look at the difference between both types of systems:

Hardwired security systems

  • These traditional security systems are installed and hidden in your walls, ceiling, and floors.
  • The installation process generally takes longer than wireless and needs to be done by a professional.
  • This system proves to be the most reliable because there is less than can go wrong with the components.

Wireless security systems

  • These systems use individual sensors throughout the home which communicate wirelessly with the central control panel, typically using radio frequencies.
  • Smartphones can be hooked up to these systems for increased access and control.
  • Wireless systems are most convenient when it comes to installation and portability.
  • Electromagnetic interference by other devices make these systems less reliable and easier to get hacked.

Keep your home protected and invest in a condominium security system today!

Work With Us

Get in touch with Luxury Living Chicago Realty 's team of experienced licensed real estate brokers and take the first step in buying or selling a home in Chicago.