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How to Budget for a Smart Home Project

how-to-budget-for-a-smart-home-project

What You Can Expect When Working with a Smart Home Company 

When you partner with a home automation company, we integrate the ultimate smart home features into your daily life. After all, a professionally installed smart home will always deliver more sophisticated and seamless results than a DIY project. 

But if this is your first smart home installation, you may be wondering how much to budget for your project. That’s why we’re here to help. Below, we’ll share what you can expect when working with a smart home integrator like our team at Nordic Sound in Casper, WY, and how much it will cost. 

SEE ALSO: 6 Unexpected Advantages of Switching to Smart Lighting

Consider Your Smart Home Features

It’s difficult to estimate a budget if we don’t know what systems you’d like to include in your new smart home. An intelligent system like Savant lets you automate and remotely control nearly any electronic in your house, including: 

  • Multi-room speakers
  • TVs and projectors 
  • Home theater 
  • Smart thermostats 
  • HVAC 
  • Security devices and cameras 
  • Smart lighting 
  • Motorized window shades 
  • Automated door locks 
  • Garage doors and gates 
  • Pool and spa controls 
  • Landscape lighting 
  • And more! 

You can control all of your smart home features through the same system. Whether you prefer to use a remote, wall keypads, phone app, tablet—or a combination of all four—your property will be easier to manage than ever. 

Ultimately, the scale and scope of your smart home will influence the price in the end. So, discuss what subsystems you’d like to include with your integrator to develop a realistic budget.

Budgeting: What to Expect 

With so many gadgets on the market that label themselves as ‘smart home’ devices, it is not uncommon that a realistic budget for a quality system will be higher than you expect. 

To get started with the needed infrastructure, wiring, and network, we find a budget of 1% the home value works well. If you are looking at a complete smart home system with a custom mix of the above subsystems, plan a budget of 5 to 8% of a home’s value. That budget covers planning, equipment, programming, and installation—a complete and turn-key system.

Discuss Pricing Early 

As you are doubtlessly aware, setting a budget for a project takes time. When would you want to know about the costs of technology options for your new home? 

At Nordic Sound, our project process starts with setting a budget and scope in the first steps, then we start hammering out the details and the final pricing. The point is this: discuss the cost early on and don’t be afraid to ask questions to get clarification. A reputable technology contractor will seek to answer questions to your satisfaction and will present options to adjust the budget to fit your needs.

So, when should this happen? Before construction starts is ideal; but definitely sooner rather than later.

 

Are you interested in bringing home automation to your Casper, Wyoming residence and are unsure about the costs? Contact Nordic Sound to discuss your goals today, and we’ll provide a plan and budget to suit your needs. 

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