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On this page

  • Who decides, who answers
  • Attributes and levels
  • Research questions and how each gets answered
  • Market opportunity, as the draft states it
  • Open questions the proposal itself lists
  • Does it fit what the course asks for?
  • Decision log
  • Direction so far

The project

Smart Urban Living: what we are studying, what we have decided, and where the direction stands

Working title

Smart Urban Living: consumer preferences and willingness to pay for smart apartment features. The product is a Smart Urban Apartment Package: a configurable set of smart-home technologies and technology-enabled amenities integrated into an otherwise comparable modern multifamily rental apartment. The study is a choice-based conjoint survey of renters. It asks which features renters value most, how much extra monthly rent they would pay for each, and which combination of features gives the strongest value proposition, so that a developer or property manager can decide what to install and what premium to charge.

Proposal
v1 reviewed
Draft Sep 15; rubric review Sep 16; v2 due Sun Sep 20
Attributes
6
One price attribute and five features, three levels each
Research questions
3
Importance, willingness to pay, best bundle
Decisions
12 logged
6 still open or proposed

Who decides, who answers

The buyer of the package is the developer or property operator who chooses what to install. The respondent is the renter: an adult who rents, or expects to rent within the next two years, an apartment in an urban or suburban multifamily building. The proposal focuses on renters rather than mixing renters and homebuyers because renting and buying carry different financial commitments and different measures of willingness to pay. Respondents will also answer basic demographic and housing questions so that preferences can be compared across segments: current versus prospective renters, vehicle owners versus non-owners, and different levels of familiarity with smart-home technology.

The course’s default respondent pool is paid U.S. participants on Prolific, pre-screened with the eligibility text the team writes; the pilot is taken by classmates. The draft proposal names the GWU community and personal networks instead. That is decision D07 below, and the survey plan has to settle it.

Attributes and levels

Everything else about the apartment (neighbourhood, size, bedrooms, condition) is held equal across the alternatives in a choice question, so the tradeoffs are only about the technology package and its price. Levels are the proposal draft’s; the survey plan locks them after the workshop.

# Attribute What it is Levels (draft) Metric Open point
1 Monthly smart-package premium Extra rent for the package over a comparable standard apartment $0, $25, $50, $75 USD per month The zero level makes a free fully smart package a valid profile; reserve it for the standard-apartment baseline or shift the range, and show a base rent in every choice task (D05)
2 Smart access and security How residents get in and how the home is protected standard key; smart keyless lock; smart lock plus video security system type One attribute or two (lock, video)?
3 Smart climate control Temperature control and energy management standard thermostat; smart thermostat; smart thermostat plus automated energy management system type Define “automated energy management” in one line
4 Smart lighting Remote or automatic lighting control standard; app-controlled; automated system type First candidate to drop if the pilot shows overload
5 Package management How deliveries are received securely standard delivery area; secure lockers; smart package room with digital access system type
6 EV charging access Charging availability at the property none; shared stations; reserved access service level Keep as an attribute, or use for sub-group analysis only?

Research questions and how each gets answered

  1. Which smart-apartment features have the greatest influence on renters’ apartment choices? Answered by the relative size of the estimated utility coefficients: which attributes move choices most when developers have limited budget for technology.
  2. How much additional monthly rent are renters willing to pay for individual features? Answered by the ratio of each feature coefficient to the price coefficient, with confidence intervals: the dollar value renters put on a smart lock, a smart thermostat, and so on.
  3. Which combination of features provides the strongest value proposition? Answered by a market simulation: predicted choice shares for candidate packages (basic, security-focused, convenience-focused, comprehensive) at their premiums, against the competing alternatives.

Market opportunity, as the draft states it

Customer. Adult renters and prospective renters in urban or suburban multifamily buildings, reached (per the draft) through the GWU community and the team’s networks; students, recent graduates and working professionals are relevant because they have recent rental-search experience.

Competitors. A conventional modern apartment without integrated smart technology, and existing properties that already bundle some smart features. The draft’s table contrasts four archetypes (conventional; basic smart with lock and thermostat; enhanced smart adding lighting and package technology; the proposed package with every feature optional). The rubric wants real competing products and their features in the attribute table, so v2 names actual operators’ technology packages and their fees.

Market size. The U.S. multifamily rental market. Yardi Matrix’s Q2 2026 supply forecast projects about 478,000 multifamily completions in 2026 and about 443,000 in 2027 (declining from the recent peak, still hundreds of thousands of new units a year), plus the existing stock where smart locks, thermostats and lighting can be retrofitted. v2 adds the references and a number for the retrofit stock.

Evidence the draft leans on. Rently’s 2025 survey of 500 U.S. renters: 65 percent find apartments with smart-home technology more appealing, 65 percent would pay more rent for smart amenities, 52 percent are comfortable paying more than $20 a month; 35 percent worry about unauthorised monitoring and 32 percent about smart-lock failures. Both figures were checked against the report on Sep 16.

Open questions the proposal itself lists

  1. What premium range makes the tradeoffs realistic? Existing research, competitor pricing and pilot responses will say whether $0 to $75 is right.
  2. Is smart security one attribute or two (lock, video)?
  3. Should EV charging stay a major attribute when many respondents do not own an EV? Vehicle ownership and EV interest will be measured.
  4. How much do privacy and cybersecurity concerns shape attitudes? Extra questions on privacy, reliability and trust may be added.
  5. Do preferences differ across renter segments (age, rental status, budget, vehicle ownership, familiarity)?

Does it fit what the course asks for?

Criterion Where we stand
Innovative or emerging Contested. Smart locks and thermostats are common in new Class A buildings and renter surveys exist. The argument (D11): the unresolved design decision is which features to bundle at what premium for mid-market and retrofit stock, and no public source gives tradeoff-based willingness to pay per feature. Test it at the workshop.
Well-defined Yes: six named attributes with levels and a price.
Identified target market Yes: U.S. renters; competitors known in kind; the named benchmarks are the v2 fix.
Prior to mass commercialisation Contested, same argument as above; the package as a priced bundle is not standard outside Class A.
Moderate scope Yes; six attributes is the upper end of comfortable, and the pilot decides whether one goes.
Expertise The technologies are documented publicly by their vendors; nothing here needs specialist access.
Decision variables Yes: which features, at which level, at what premium.

Decision log

Decided, proposed, or open. Open items carry the activity where they get settled.

ID Date Decision Status Rationale Source Settled in
D01 Sep 9 Team of five: Harshit, Michael, Vlad, Ishita, Youssouf Decided Formed by the week 3 deadline; the course guideline says three to four, so the size is being confirmed with the professor Team S05
D02 Sep 15 Topic: Smart Urban Living, a Smart Urban Apartment Package for modern multifamily rentals, studied with a choice-based conjoint among renters Decided Configurable smart-home technologies and technology-enabled amenities in an otherwise comparable apartment; the question is which features to include and what renters will pay for them Proposal v1 P03
D03 Sep 15 The survey respondent is the renter; the package's buyer is the developer or operator Decided Renters, not homebuyers, because rental and purchase decisions carry different financial commitments; the proposal should state both roles in one sentence Proposal v1 and the Sep 16 review P06
D04 Sep 15 Six attributes: monthly premium, smart access and security, smart climate control, smart lighting, package management, EV charging access Decided Features a developer or manager can modify; neighbourhood, size, bedrooms and condition held equal across alternatives. Whether lighting or EV charging survive the pilot, and whether security splits into lock and video, stay open Proposal v1 P02, SP01
D05 Sep 15 Price as a monthly premium over a comparable standard apartment, draft levels $0, $25, $50, $75 Open The review flags the zero level (a free fully smart package becomes a valid profile) and the missing base-rent anchor; the survey plan locks the levels after the workshop Proposal v1 and the Sep 16 review SP01
D06 Sep 15 Three research questions: which features most influence choice; willingness to pay per feature; which bundle at which premium gives the strongest value proposition Decided RQ1 from the relative size of coefficients, RQ2 from coefficient ratios to price, RQ3 from a market simulation of package tiers Proposal v1 P02
D07 Sep 15 Distribution: the proposal names the GWU community and personal and professional networks; the course default is Prolific U.S. general population with an eligibility pre-screen, and the pilot is taken by classmates Open The survey plan (Sep 29) has to state the strategy and the exact eligibility text; the two are reconcilable (Prolific for the final, networks as a supplement) but the plan must say so Proposal v1 and the survey plan page SP02
D08 Sep 16 Two repos: a private brainstorming repo under one member's account, and the official submission repo in the course organisation Decided Ideas, decisions and meeting notes stay in the brainstorming repo; every deliverable is pushed from the official repo's numbered folders Team S03, S04
D09 Sep 16 Owners and backups per deliverable Open To be assigned at the next sync; every member submits at least once Team S06
D10 Sep 16 Design parameters: alternatives per choice question, questions per respondent, whether to include a no-choice option Open Needed for the design file (cbc_design) and reported in the pilot analysis; decided when the survey plan is written Course pages SP03, PS02
D11 Sep 16 Argument for the emerging and pre-commercial criteria: the unresolved design decision is which features to bundle at what premium for mid-market and retrofit stock, and no public source gives tradeoff-based willingness to pay per feature Proposed To be tested at the proposal workshop; if the professor asks to narrow scope, the fallback is to drop lighting or EV charging or to focus on retrofit packages Sep 16 review P05, P06
D12 Sep 16 Competitor set for the final market simulation: the real products benchmarked in the proposal's attribute table, with their premiums Open The final analysis simulates the package against competitors; the benchmark table written for proposal v2 is the source Sep 16 review P06, FA07

Direction so far

  1. Wed Aug 26Course starts; the project brief, the seven selection criteria and the deliverable calendar are introduced
  2. Wed Sep 2This tracker is built during the week 2 agentic-workflows exercise and published
  3. Wed Sep 9Team of five forms by the week 3 deadline
  4. Thu Sep 10The professor creates the official submission repo for team E
  5. Tue Sep 15Proposal draft v1 rendered: Smart Urban Living, six attributes, three research questions, five open questions
  6. Wed Sep 16Draft reviewed against the 55-point rubric: five blocking fixes, seven improvements, one fit risk; both statistics verified
  7. Wed Sep 16Brainstorming repo created and teammates invited; official repo joined; tracker replanned with a computed schedule, a risk register and this decision log
  8. Fri Sep 18Proposal workshop meeting with the professor (remote, week 4)
  9. Sun Sep 20Proposal v2 submitted from the official repo
  10. Tue Sep 29Survey plan due: locked attributes and levels, eligibility text, choice question text, survey content
  11. Tue Oct 13Pilot survey live on shinyapps.io
  12. Sun Nov 1Pilot analysis due
  13. Sun Nov 15Final survey due; Prolific fielding follows
  14. Sun Dec 6Final analysis report due
  15. Wed Dec 9Final presentation in class

The proposal activities on the schedule: 4 of 8 done, the rest on a zero-float chain to Sunday. The requirements page shows which activity carries each rubric criterion.

EMSE 6035 team project tracker. Public site: no grades, no personal details, no credentials.

 

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