How much does home automation cost? (2023)

How much does home automation cost?

The national average range to automate a home is between $2,000 and $7,000, with most homeowners spending around $5,500 to automate their lights, door locks, and thermostats and install a smart speaker, hub, and smart plugs in three rooms.

Home Automation Costs

To fully automate an average 4-bedroom, 3-bath home, you might spend up to $15,000. Luxury fully-connected homes run $10,000 to $150,000. Labor to install wired systems costs $85 per hour. Home automation includes lights, security, locks, thermostats and entertainment.

The minimum cost of a smart home in 2021 is somewhere around $1500 for basic features like lighting and alarm. Smart home with audio and video features will cost you near $2000 and the cost will go up to $5000 for IoT based device that will make your home totally smart.

In addition to keeping your family safe and giving easy control of temperature, lighting, and music, home automation can be used for other cool tasks. Through home automation you can build a home theater with beautifully equalized sound and perfect lighting that adapts to the film and even the time of day.

The most common applications of home automation are lighting control, HVAC, outdoor lawn irrigation, kitchen appliances, and security systems.

Smart home automation is Expensive

Due to the high cost of products currently, Home Automation is considered affordable only by Individuals with a higher net worth. Hence, it is considered as a luxury. Currently, there are 182,000 millionaire households in India. This number is set to grow to 294,000 in next 4-5 years.

A digital assistant or smart speaker is probably the best way to start automating your home. They work using voice commands, which are useful for setting timers, playing music and podcasts, and controlling other smart home products.

“Home automation” refers to the automatic and electronic control of household features, activity, and appliances. In simple terms, it means you can easily control the utilities and features of your home via the Internet to make life more convenient and secure, and even spend less on household bills.

Smart homes allow you to have greater control of your energy use, all while automating things like adjusting temperature, turning on and off lights, opening and closing window treatments, and adjusting irrigation based on the weather.

Is having a smart home worth it?

Home automation can streamline household tasks, secure the home and even save money on utilities. Smart thermostats cost an average of $200, and save homeowners around $140 per year on their energy bill, meaning it could pay for itself within just two years.

You can even use voice commands through Google Home or Amazon Alexa to complete basic tasks in your smart home. Home Automation, on the other hand, is a methodology that allows your Smart Home to run automated services you have set up. They will be pre programmed by the user for certain events.

Practical Examples of what you can do with Home Automation:

Control your lights: you can program multiple lighting scenarios and control outlets which are connected light sources. Thus, with a choice of scenario, then adjusts the setting for a party situation, dining, reading, cinema.

Smart home technology, also often referred to as home automation or domotics (from the Latin "domus" meaning home), provides homeowners security, comfort, convenience and energy efficiency by allowing them to control smart devices, often by a smart home app on their smartphone or other networked device.

You may decide that a Control4 centralized control system is the best option. As mentioned earlier you have an initial cost range that would be between $600 and $2500 for one controller.

Does a Smart Home Increase a Home's Value? Smart home technology can definitely add to market value. Appraisers make what they call “adjustments” when they compare tech-enabled homes with similar but tech-deficient houses. Smart homes command higher prices and may be easier to sell as a result.

A digital assistant or smart speaker is probably the best way to start automating your home. They work using voice commands, which are useful for setting timers, playing music and podcasts, and controlling other smart home products.