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This is a sponsored post written by the sponsor, Lockboxer. Please click here for more information on sponsored posts on 40Tech.

A home inventory has always been a wonderful way to protect oneself from a catastrophe. Though making a home inventory in the past has been a cumbersome process full of documenting the contents in the home by hand.

Now that we have fully entered Web 2.0, with all the benefits of cloud storage and lightning fast data gathering, home inventories have been revolutionized.

Consider these new improvements to the home inventory:

  • Search technology built into the home inventory that lets users quickly select information about the products in their home
  • Functionality that allows the customer to sell and donate directly from their home inventory
  • A home inventory that is pre-populated with items, by room and category
  • A feature that allows customers to see the total amount of contents they have by room, category, or throughout their home
  • Secure data storage within the home inventory website, away from a physical address

If we are in an age when we can log into a website and see the exact value of our investment portfolio, it seems right that there are now options for building a home inventory portfolio. When you add up all of your stuff it equals, on average, 70% of the value of your home. Considering that the average U.S. home price is nearly $275,000, that’s coming close to $200,000 that goes unaccounted for in most household.

With a revolutionized home inventory you can manage ‘poor-performing assets’ like the couch in your basement that is only losing value. You can choose to make an informed decision about how and when to sell it or donate it, instead of rushing out the door on Dec. 31 frantically looking for a drop-off location.

Think of your goals around the house. Let’s say you want to redecorate your bedroom. You could go to your revolutionized home inventory and see the used price value of the items in your bedroom. Then you could use the home inventory to accurately price out the new items you want to bring in to redecorate.

A revolutionized home inventory goes beyond preparing for the worst. It helps you prepare for the best, too.

Jennifer Morehead is an internet entrepreneur. Her company, Lockboxer, is a revolutionized home inventory solution that helps people price out their stuff (like a phone or TV) in order to sell, donate, or make that home inventory. Morehead graduated from Northwestern University with a double major in journalism and economics. She received her MBA degree from Northwestern’s Kellogg School of Management.