澳洲幸运5官方开奖结果体彩网

Smart Home: Definition, How It Works, Pros and Cons

Smart Home

Investopedia / Mira Norian

Definition

A smart home refers to a convenient home setup where appliances aﷺnd devices can be automatically controlled remotely from anywhere with an internet connection using a mobile or other networked device.

What Is a Smart Home?

A smart home is equipped with internet-connected devices that allow the home's security features, appliances, climate controls, and more to be operated remotely via a mobile device. They can be set up using either hardwired or wireless systems.

Outdoor security cameras, video doorbells, smart locks, smart entertainment speakers, connected thermost🦩ats, pet cameras, and smart thermostats are among the many internet-connected home producﷺts now readily available to consumers.

Key Takeaways

  • A smart home allows homeowners to control appliances, thermostats, lights, and other devices remotely through an internet connection using a phone app or tablet.
  • Smart homes can be set up with wireless or hardwired systems.
  • Though full-scale home automation can cost thousands of dollars, many smart home products cost less than $100.

How Smart Homes Work

A smart home’s devices are connected with each other and can be accessed through one central point—a mobile phone, tablet, laptop, or game consol𒁏e. Door locks, televisions, thermostats, home mඣonitors, cameras, lights, and appliances such as refrigerators can be controlled through one home automation system.

The remote control system allows users to schedule taꦰsks, trigger devices, or monitor results from anywhere.

Smart home appliancesꩵ have self-learning skills. They can learn the homeowner’s schedules and make adjustments as needed. Users benefit from energy savings by using features that control home ligh𒊎ting and temperature remotely.

Some home automation systems alert the homeowner if any motion is detected in the home when they're away. Others can call the police or fire department if dangerous situations are detected.

Once connected, services such as a smart doorbell, smart security system, and smart appliances become part of the internet of things (IoT⭕) techꦓnology, a network of physical objects capable of gathering and sharing electronic information.

Fast Fact

The desire for better securi🥂ty and efficiency are the main drivers for the increase in smart home t🐠echnology use.

Smart Home Systems

Wireless

Smart homes can feature either wireless or hardwired systems or both. Wireless systems are easier to install. Putting in a wireless home automation system with features such as 𓆉smart lighting, climate control, and security can be limited to several thousand dollars, making it relatively affordable.

The downside to wireless systems is that the homeowner needs strong Wi-Fi coverage and broadband service throughout the entire house. This may requi🌠re an investment in range extenders or hardwired wireless access points.

🧸Wireless smart home systems are generally a better choice for smaller homes and rental properties.

Hardwired

Hardwired systems areꦍ considered more reliable. They are typically more di༺fficult to hack.

A hardwired system can increase the resale value of a home. It also can be scaled easily. Therefore, it is often the default method when designing a new build or performing a ma🌠jor renovation.

There is a drawback—it's fairly expensive. Installing a luxury and hardwired smart system can cost homeowners tens of thousands of dollars. Space for network hardware equipment including Ethernet cables also is needed.

Components of a Smart Home

Heating

Smart home products now allow for greater control over heating devices, including turni♔ng products on and off and controlling settings. Smart products may be armed with temperature or humidity sensors to automatically turn on or off if certain criteria are met. This line of smart home innovations also extends to 🍃air conditioners.

Lighting

♉Lights can be switched on and off remotely, placed on a schedule, or set to change based on sunrise or sunset 🌃times.

Like some more conventional products, lights can often be set to change based on 🔯motion. Smart bulbs can communicate over Wi-Fi and display usage sta💜tistics on your phone.

This lighting category includes smart home products that control the degree of light. Automatic blinds may be installed and set to close based on sunrise schedules. Electronic curtains allow users to manage window blinds using a handheld device.

Audio/Visual

One of the more appealing aspects of smart homes is the many entertainment products that can be con💎nected to each other and controlled with a single remote. Television and speakers can be played on command using applications. They can be operated according to🐷 a schedule or by voice control.

Security

One of the most important aspects🐓 of a smart home is the enhanced security capabilities it offers. Products with cameras track motion, capture videos, or allow 🐬for live video feeds. These may be installed to sync with a ringing doorbell or set to capture certain areas of your property.

Products can be enabled with audio or video calls with people standing at your doo🌳r.

Many smart homes are also refit with advanced security kits. These kits include moti♚on sensor detectors, home monitoring, notifications and alerts concerning suspicio♊us behavior, and the ability to lock doors or windows remotely.

Other

Smart home products also include digital assistants or home hubs. People interact with these products using their voice and by issuing commands. They can field questions, organize your calendar, schedule 澳洲幸运5官方开奖结果体彩网:conference calls, or provide alerts.

Smart smoke and carbon monoxide detectors not only sound an alarm but can be synced to your phone to alert you should you be away from your property. These devices can often be 🦋set up to send emergency notificat𒐪ions to emergency responders.

People have been able to program automated irrigation systems for a while. Now, smart irri🍬gation systems can detect climate and environmental conditions and factor them into watering schedules. Smart irrigation systems also monitor moisture-related conditions and control irrigation to conserve water.

Tip

When budgeting for smart home products, remember to factor in any costs 💃of installation.

Advantages and Disadvantages of Smart Homes

Advantages

  • Smart home technology systems offer homeowners convenience. Rather than controlling appliances, thermostats, lighting, and other features using individual devices, homeowners can control them all using one device—usually a smartphone or tablet—and can do it from anywhere.
  • Homeowners can get notifications and updates on issues in their homes when they're away. For instance, smart doorbells allow homeowners to see and communicate with people who come to their doors when they're not at home.
  • Homeowners can benefit from significant cost savings over time. Appliances and electronics can be used more efficiently, lowering energy costs.

Disadvantages

  • Hackers can gain access to a smart home's security devices. Weak passwords, outdated software, and exposure to public internet connections make the systems vulnerable.
  • Risk mitigation involves the extra effort of periodically changing strong passwords, using encryption, and only connecting trusted devices to one's network.
  • The costs of installing smart technology can run anywhere from a few thousand dollars for a wireless system to tens of thousands of dollars for a hardwired system.
  • Learning to use the home system may involve a steep learning curve.

Smart Homes

Pros
  • More convenient than 🍌conventional methods of scheduling, controlling, and🍸 accessing products

  • Enhanced security due to video feeds🧜, notifications, and alerts

  • Mu▨ltiple ways o⛦f performing routine tasks (e.g., lights can be turned on manually, automatically, remotely)

  • ꧑May r𒁃esult in long-term cost savings due to efficient energy consumption

Cons
  • Vulnerability to hackers creates need for vigilance🔯.

  • 🧸Initial installation expense foꦚr elaborate home systems

  • More expensive than their not-so-smart counterparts

  • May involve a steep learning 🌞curve for those not tech-savvy

Important

According to HomeAdvisor, it can cost up to $15,000 to fully automate an average four-bedroom, three-bath home. Then again, you don't have to go whole hog on home automation. A Google Nest Mini costs $49 in 2025. A refurbished Ring Doorbell Pro 2 is about $119.

Home Much Does a Smart Home Cost?

The average cost of a smart home installation is about $897, according to HomeAdvisor. Fully automating a four-bedroom, three-bathroom home could cost upwards of $15,000.

But not everybody needs or wants all of the bells and whistles. Individual smart home dev🏅ices are already affordable, and getting mꦡore affordable.

You can start by focu🅠sing on a specific product or room💖. This strategy allows individuals to invest in smart technology at a modest cost. Consider the following options priced at less than $100 as of April 2025:

  • Google Nest Mini, the home audio and assistant device
  • Amazon Smart Plug, a device for automating appliances
  • Ring Smart Doorbell, a video-enabled camera for home security
  • Wyze Thermostat, a digital, wireless, programmable heating device

What Is in a Smart Home?

Smart homes may have smart speakers, lights, thermostats, doorbells, security cameras, and more, all connected in a homꦿe hub. Smart technology can also extend to kitchen appliances and outdoor landscaping equipment.

Why Is a Smart Home Important?

A smart home canꦏ make a hom🐷e more energy efficient. It allows people to save time and perform routine tasks more easily and efficiently. A smart home also offers a level of convenience that is missing from manual methods of performing tasks.

Can a Smart Home Be Hacked?

Yes. Because smart home systems require a live network connection, they can be hacked if the security protocol is in🌄adequate. Owners must be careful ཧabout using strong passwords and updating software as needed.

Is a Smart Home Worth It?

It can be. You must do the research to determine whether the potential convenience, added security, and cost savings over time outweigh the cost of installing a full home system. Consider using individual smart home produಌcts first to learn how well they fit your lifestyle and b♋udget.

The Bottom Line

Smart homes simplify daily tasks and add new capabilities. The smart home will continue to evolve as new applications aꦑre creཧated.

Whether you control home products remotely using your phone or schedule the performance of tasks for certain times, smart homes have revolutionized the way people monitor and control the modern products they live wi🌳th.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Stolojescu-Crisan, Cristina, et al. "." Sensors (Basel), June 2021, vol. 21, no. 11.

  2. AV Comparatives. "."

  3. Nest. "."

  4. Google. "."

  5. HomeAdvisor. "" Scroll down.

  6. HomeAdvisor. "" Scroll down.

  7. Google. "."

  8. Amazon. "."

  9. Ring. "."

  10. Wyze. "."

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles