Is a Smart Home Right For You?

Smart homes are made to simplify life, but they come with high costs upfront, and many aspects need to be built in from day one. If you’re considering converting your home into a smart home, you need to look at cost, maintenance, ease of transition, and whether or not you’ll use the capabilities.

How much does the average smart home upgrade cost?

The price of a smart home varies widely and depends entirely on what you want to upgrade. The list of what’s available on the market is numerous, such as thermostats, fridges, door locks, doorbells, security systems, entertainment systems, and a lot more.

For just the basics, like the thermostats, locks, lighting in a handful of rooms, and a doorbell, the price is around $5,000. This doesn’t include the monthly subscription that some require for monitoring or seamless usage. You’ll also need a hub that connects to the various products.

For a more intense setup, like lighting in every room, replacing every plug, an irrigation system, smart speakers, locks, blinds, all your appliances, and the hub, the price can be $20,000 for an average-sized house, or even more, depending on where you live.

If all you’re interested in is the thermostat and lock systems, you’re looking at around $1,500.

Maintenance & Troubleshooting

With a smart home, you can’t just take your lock to the local hardware store and get a replacement. Nor can you quickly fix any other aspect. If something goes wrong, you want a reputable company that is available 24/7 to troubleshoot your issues. Everything comes with a learning curve once you upgrade, so you’ll be doing a lot of manual reading and calling your provider. On top of that, electronics need to be replaced every few years, and make no mistake; this applies to every aspect of a smart home.

Ease of Transition

Upgrading to a smart home can be rather intrusive. It would be best if you had everything properly and professionally installed or you risk voiding warranties. You also need to be sure your home is capable of an upgrade. Yes, it’s easy enough to change out the locks, but a heating system can be a different beast. You also need to have reliable and speedy internet service that reaches every nook and cranny of your house. Make sure you do your research and choose a reputable company that won’t upsell you on items that don’t work for your home.

Will you actually use all the capabilities?

Having a fridge that can tell you what you’re out of sounds really neat, but will you actually use it? Sit down and truly consider what you’ll use on a daily basis. Thermostats and locking mechanisms are a no-brainer, but there are many smart homes items you don’t need. Purchase only the upgrades that you know you’ll use.