"A few hundred dollars will have an impact," Schoenberg said. "The price of technology on these gadgets has come so far down." She cited competition among the makers of smart door locks and other technologies. She also said buyers today will ask if the Wi-Fi is staying, just as they would have asked in the past about a chandelier or refrigerator.
Companies such as August, Kwikset and Schlage offer smart door locks for about $200, and Ring.com is a smart doorbell with security camera, starting at $199. Learning thermostats from companies such as Nest and Honeywell will also not break the bank. More extensive smart products, such as Crestron's Pyng Home Automation System, can be more expensive, but the return on investment may be worth it.
Where to start to be smart
1. Strong Internet connection and Wi-Fi network
2. Smart doorbell
3. Smart door locks
4. Smart climate controls
5. Smart lighting
While smart technology is becoming nearly standard in newly built homes, putting it into existing homes is becoming much more prevalent and therefore giving sellers of those homes an advantage. Even sellers of larger homes, who may be marketing to older, move-up buyers, should consider it.