One of the most effective methods of ensuring that burglars do not invade your home is by tapping a home security system. Then, what is the real cost of home security? The answer depends on such factors as the type of security system, quantity of sensors and cameras, purchase or renting the necessary equipment, self-installation or using the services of a security company, and other extra services. This guide categorizes the expenses of home security so that you can tell how much you will need to have.

Upfront Equipment Costs

Home security systems are not cheap especially the initial costs One is going to spend a lot of money on the equipment Some of the items that a homeowner is likely to spend on include the control panel, motion detectors, door or window sensors, glass break detectors, cameras, and any other hardware necessary to cover the entire house The prices may range between couple hundred dollars for a basic security system and over 1000 dollars for advanced home security system. Selecting one of the top brands including ADT, Vivint, Brinks or SimpliSafe also costs more. Some of the DIY systems that operate include SimpliSafe, Ring, Nest, and Abode which allow you to either buy equipment with cash or lease it monthly. Professional installation involves the signing of a long-term contract and having to pay for equipment.

Professional Installation Fees

If the installation of the system seems too technical or you are not willing to do it yourself, professional installation can be arranged Starting prices vary ranging from 99 to 199 dollars depending on the company. There may also be other extra costs which may be incurred due to special wiring that may be required. A professional installation usually involves a long-term service agreement to monitor the system and lease equipment. Of course, what you give up is the capital expenses on equipment, but you just pay more in the long run and for the term of the lease agreement.

Home Monitoring Services

The other major cost factor of home security is the monitoring services Home security companies can constantly monitor the system in your home and trigger emergency services whenever there is a breach of security. This service ranges from $30 to $50 for a one-month subscription. Another available option is self-monitoring using an app on one’s smartphone where one can view alerts and camera streams. DIY systems typically come with app access as a part of the package or as an additional feature to purchase with professionally installed systems. When self-monitoring, you are on your own to respond to any alerts given instead of a monitoring center.

Additional Smart Home Integrations

Current home security systems work with other smart home devices such as Amazon Alexa or Google Assistant. This enables them to be able to use voice commands to arm, disarm, or even monitor the status of the system. Smart-home integrations should generally be included without a separate fee if you’re already using a device like an Amazon Echo or Google Home. However, if the need to add devices is based on security requirements, then this will be costly. Smart locks also increase home security and can work with many systems; the same applies to video doorbells.

Extra Sensors and Cameras

Depending on the area of your house and the level of security you want to achieve you will require several sensors, detectors, and cameras. A majority of home security services offer an initial installation of the necessary equipment for a primer security system. It is also important to note that charges for additional features such as glass break detectors, flood sensors, smoke/CO monitors, and more cameras will be higher. Incorporating additional detection sensors and cameras may cost you up to 100 to 300 dollars or more in a 2000 sq ft house.

Home Automation Features

However, some of the latest systems have the facility of home automation that enables the user to control lights, locks, thermostats, or any other similar device from a distance. This feature is somewhat useful, but not completely necessary in providing security and does add to the price. Various home automation packages are available at prices higher than 500 dollars given the number of supported devices and customization level. Many people can do without automating features in case they are interested in boosting home security at an affordable cost.

In conclusion

A basic home security system with professional monitoring runs about 30 dollars per month, coupled with installation and equipment fees amounting to 99 to 199 dollars if the system is leased. A homegrown system that one has to buy and manage independently may range from 99 dollars for a basic installation. Or, you can pay over $1000 and even more if you want to have extensive equipment, additional features, or home automation features, respectively. Due to the consideration of costs, it is wise to go for just the basic sensors and self-monitoring features instead of more extras.

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