The smart home cost is not what it used to be. There are streamlined technologies that are based on open standards making a smart home easily affordable. What’s more, your home does not have to be on the building stage. You can actually live there while the smart home installation takes place.
The smart home cost can be as low as 500eur for a basic smart home. This can be upgraded to include smart locks, thermostats, weather stations, watering systems, smoke alarms, flood alarms with vane switches, etc.
An important point to note is that even if you start off with a basic smart home implementation, you can add, at a later stage, other capabilities. This will protect your initial investment as well as it will make any future expansion more cost effective because the basic infrastructure is aready there
Smart Home cost scenarios
| Basic security and lighting: Door/window external sensors with alarm and external lights switching on in case of trespassing. Further, the same external or internal lights can switch on/off according to specific scenarios or usage. For example, when you enter your home, your home welcomes you switching on specific lights. | 500€ |
| Security, lighting, access: Same as above, using more door/windows, with smart door locks adding to the security capability as well as your convenience. You can manage the locks remotely and give access to your guests. | +600€ |
| Security, lighting, access, energy management: Same as above, with smart energy monitoring and management. You can check your home energy usage, and plan accordingly. Energy saving performance increases drastically as the room temperature is adjusted according to where you are. For example in winter, the living room temperature can be 22 degrees at day time, while the bedroom temperature is lower. Before going to bed at night, the temperature may swap. The energy saving here comes from warming up further only the areas in your home which you are using. | +500€ |
| Security, lighting, access, energy management, comfort: Further to the above, more scenarios adding to your comfort are introduced. For example, when your home senses you have left, it locks your doors and shuts your windows. When you approach home, you central doors unlock/open, lights switch on, etc. Also, your window shutters can allow day light coming into your room according to your preferences. | +700€ |
| Larger home with all the above, more thermostats, weather station and activation scenarios, more door locks, flood alarms, etc: For example, your home tents can open/close, according to weather conditions. In case there is flood sensed at your floor, the central water vane is shut, you are notified instantly and a sound/light alarm goes off. Many more scenarios can be designed according to your ideas. | +1500€ |
Factors to consider
If you’re planning to make your home smart, it’s important to determine just which features you want your home to have, so the smart home cost falls within your requirements. We can give you all the options and help you create a detailed budget to make sure that the project’s cost falls within it. Most people start small with various basic options that fill their needs. Usually it is a smart home with security and lighting automations. Owning a basic smart home system, makes expansion very affordable, as old devices can be used in new automations and scenarios. Adding new modules and capabilities makes the cost of smart home ownership very affordable.
If you’re planning to buy a home and then implement smart home technology, understanding the costs of smart home upgrades can help you to better determine how much home you can afford and how much money you can allocate toward smart home upgrades. Note that extending your smart home with new devices, sensors and actuators, you can include more home automation scenarios. This way, your home will cooperate with you and adjust to your own personal or your family’s preferences. Your home living experience will improve drastically.
A very important cost factor to consider is that the added value of your home will increase much further than the smart home cost upgrade.
Get a free Quote
You can contact us for a free quote for your home upgrade. We can discuss together your needs/ideas and get back to you with a comprehensive quotation