Smart security systems differ greatly in complexity, reflected in the wide range of costs. Smart security covers everything from the low-effort installation of a standalone video doorbell to high-end integrations that cover entire properties.
We’ll run through the differences between high-end, mid-range and budget systems. Pricing up your smart security project? Whatever complexity you choose, you need to consider installation costs.
High-end security systems use many protective measures, including intruder detection, CCTV, cyber and access control systems. These high end systems have a range of costs from around $39,000 up to $105,000.
All these elements can also work together and with other smart tech in your home. For example, you can automate your exterior lights to start flashing if an intruder triggers an alarm. You can also programme your smart doors and gates to only allow entry based on fingerprint, facial or number plate recognition. And if the door doesn’t open, the system can send an alert to your phone so that you can authorize any guests.
If you are looking to cover a particularly large property with vast grounds you would have to consider including external perimeter protection, infra-red cameras and a specialist security room in the property for security staff. These types of projects often have a much higher cost, of between $195,000 - $392,000.
When considering a high-end smart security system you should also consider additional ongoing costs. High-end smart security systems must be installed by professionals. Every part needs to work together, and a professional installer will make sure there are no weak spots in the system. Ongoing maintenance for connected police response (Redcare) systems is a mandatory requirement and can cost anywhere between $650 - $6,500 per annum.
Unsurprisingly, high-end systems will be the most expensive, but they also offer the most comprehensive security coverage.
A mid-range security system takes things beyond out of the box solutions but stops short of using every available technology.
An example of a mid-range solution is a smart doorbell that’s connected to a surveillance camera and alarm system. Specialist alarms, such as those that identify window breakages, fall in this price range too. These systems can range in cost from around $6,500 - $20,000, depending on the different elements included.
While security systems focus on preventing intruders, you should also think about how smart tech can help you minimize risks from within your home. Smart fire and carbon monoxide alarms can be literal life savers. Compliant fire alarm systems may be able to be added on to your security system which often has a smaller cost of around $650. However a separate smart fire and carbon monoxide alarm system can be between $6,500 - $26,000, depending on the size and configuration of your home.
When it comes to a mid-range system, you’ll likely need a professional installer. So, you need to think about their costs when budgeting.
Lower-cost smart security options are available off the shelf. For example, a smart doorbell may only cost under $65, while the most popular brands will cost around $200. Smart alarm systems are also available for several hundred pounds. A great, yet simple combination of these systems, using IOT equipment can be installed for under $2,600 in total. These budget-friendly options help keep your home safe – particularly if you combine them.
Even with the more accessible devices, you need to consider installation costs. Depending on your set-up, you might need an electrician even if you only want a video doorbell. If you’re hiring a professional, talk to them about your options to make sure you get the best value. DIY solutions won’t give you the full benefits of a smart security system, but they still offer you some protection. Talking to a Smart Home Professional will help you know what’s right for you and your budget.
$65 - $2,600
$6,500 - $26,000
$39,000 - $105,000