What Is A Smart Home?

Image via Mfarchitecture

A smart home integrates smart devices with the goal of energy efficiency and convenience. 

You can get on-demand and remote control for lighting, home security, thermostat regulation and home entertainment.


 

6 Essentials of Smart Homes

Wireless System
The wireless system will now connect your devices and other smart components together. This can be done through Wi-Fi or smart home automated solutions like ZigBee or Z-Wave. Read more here.
Smart Home Automation Solutions
A virtual assistant is the brain of smart home automation solutions. Connect your smart devices together through technology like Alexa/Google/Siri for control.
Smart Alarm System
More than three in five Americans claim security is the top benefit of owning a smart home your image here.
Central Monitoring System Device
Most smart homes are controlled with smartphones or smart speakers, which usually come with apps that can be downloaded online.
Smart Devices
These devices include motion sensors, smart locks, smart light bulbs, smart thermostat, and smart plug-in
Monitoring + Maintenance
Evaluating your home system on a regular basis and ensuring system updates will maximize benefits and energy savings. Read more here.

Smart homes help you keep track of your lifestyle and energy consumption, helping you reduce unnecessary energy

Benefits of Smart Homes

IFTTT TECHNOLOGY

IFTTT (If This Then That) technology directs devices to perform certain functions in response to an action, such as turning on lights when a car pulls up in a driveway. 

SECURITY

From alerting you of someone at your front door, to reminding you to close a door you left open by accident or have a water leak, security systems provide everyday assitance  

ENERGY EFFECIENCY

Smart homes can be programed to turn off lights and plugs overnight or only function when movement is detected or when people at home, saving you money on your electric bill.  

ACCESSIBILITY

Technology can be complicated. An already programmed or voice-controlled home system promotes accessibility and comfort for you and your family  

CONVENIENCE

If you're gone working for a few hours or a even a few weeks on vacation, you can rest knowing your home is self-automated and can monitor settings remotely  

HOME MANAGEMENT INSIGHT

A smart home system can help detect energy or water leaks, saving you money and time finding the source  

How Much Does a Smart Home Cost?

Homes can have very different levels of home automation; you can have an entirely automated home or simply automate  specific areas and functions.

There is a wide range of costs of automating your home based om the completeness of the automation.



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. Click here to read a cost breakdown and compare prices of bundles and products. 
 

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Other Financial Benefits:

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Home buyers prefer pre-installed smart technology over having to install it themselves. A smart home can increase a property’s value by around 5%.

Image via Archiexpo

Image via Archiexpo

Higher Market
Values

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 Your insurance company could offer up to 20% in discounts if you have an automated system that include features like smoke detectors, CO detectors

Image via Dweli

Image via Dweli

Reduced Insurance Rates

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 The average monthly savings from using smart home products is $98.30, which adds up to an average of $1,179.60 per year.

Image via Dweli

Image via Dweli

Save on Electricity Bills

Did You Know?

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Image via Dwell

76% of electricity use and 40% of all U. S. primary energy use and associated greenhouse gas (GHG) emissions come from the buildings sector.

 

 

Energy use in buildings accounted for 20% of global energy consumption in 2018. Reduce your energy consumption and help meet national energy goals, while saving more money on electricity. 

Smart homes improve the performance of system components (i.e. a light bulb) and the way that they are controlled as a part of integrated building systems (i.e. motion-detector sensors).

Which Smart Devices Are Worth Getting?

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Image from Dvele

Some products can pay for themselves after just a year, leaving you with more savings.

Click here to read cost-savings you can expect on popular smart devices.


Energy savings depends on whether the user is taking advantage of available functions and monitors their system correctly. Buying smart appliances alone will not guarantee you savings on energy bills. Read below to find out how to make the most out of your smart home. 

Smart Home Products

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Smart Home Hubs

Find Smart Home Hubs
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Smoke and Carbon
Detectors

Find Smart Detecors
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Window Coverings

Find Smart Windows
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Smart Lighting

Find Smart Lighting
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Smart Door Entry
and Security

Find Smart Cameras
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Automated
Thermostats

Find Thermostats

Do I Need a Voice Assistant for my Smart Home?

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Smart homes do not always require a voice assistant to operate.

Major smart home systems, such as Nest or Philips Hue, have applications that allow you to control certain lights or devices with an app rather than a voice assistant. This lets you control the device directly, or set up some elements of automation. 

If you have a voice assistant but are concerned about privacy, remember you can place your device on mute. Click here to read more about muting voice assistants. 

What to Consider When Choosing + Installing Smart Products

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Smart window shades mean easy up and down for floor-to-ceiling windows in a Brooklyn townhouse by Platt Dana Architects. Photograph by Joe Kitchen

Buy smart devices by considering whether they fit into your lifestyle and needs.

It might be useful to take note of your daily activities – waking up early for a morning walk, making coffee, opening the windows, turning off the lights, etc. to consider which smart devices can automate those activities.

Buying smart devices that suit your lifestyle can give you good value for money. (Homelization). You can install products yourself, but there are also installation options.

The largest areas of energy consumption in buildings are: 


 

  • heating, ventilation, and air conditioning—35% of total building energy;

  • lighting—11%

  • ​major appliances (water heating, refrigerators and freezers, dryers)—18%​

  • miscellaneous areas including electronics-  36%

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Image via AHT

Costs-Savings

Automating your plugs, appliances, lights, and thermostat helps lower your energy bills. However, other devices are meant for convenience, not savings, and the energy they use may increase your energy bills

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Image via iMore

Security

Enabling two-step authentication, thumbprint passwords or face detectors will make it harder for hackers to access your home system. Always keep your security updated, especially on new devices. A good router and strong passwords are essential to prevent security threats.

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Image via Archiliving

Wi-Fi + Router

Smart devices heavily rely on Wi-Fi, so you need a relatively good Wi-Fi network for your smart home.

The average residential Wi-Fi routers available in the market are not designed for smart homes, hence they have a weaker connection, smaller range, and lower data rates. To have multiple devices talking to Alexa or Google assistant, and communicating with each other, you need a good router.