What is a Smart Home?

Coldwell Banker Real Estate and CNET.com establish a definition for the “smart home” that is simple while allowing still for choices.

We may not remember the advent of the refrigerator or washer & dryer. But we might recall when toaster ovens hit. Or the TV remote control, cordless phones and microwave oven. These were huge. They changed our homes and our lives. But their arrival seemingly came one at a time, once a generation.

We are in different times and I can’t imagine a period where the intersection of home and tech was more prevalent. It is the Smart Home era!

Our homes are major emotional and lifestyle investments. And now, with the development of Smart Home products, our homes want to play an even greater role as they know our habits, simplify our lives and save us time and money.

And those who are buying and selling homes are taking note. Homes – both new and existing – that go on the market with Smart Home products installed are gaining traction.

Coldwellbanker.com even tracks those which come on the market, starting with Diane Polland’s magnificent $100 million listing on Long Island Sound and followed by nearly 1,400 properties featuring Smart Home technology.

And while the revolution is well underway, we noticed that no one had defined for consumers what a Smart Home really is. So we sat down with the editors at CNET.com, the preeminent technology reviewer, to set the standard that was simple while allowing for choices:

Smart Home: A home that is equipped with network-connected products (i.e., “smart products,” connected via Wi-Fi, Bluetooth or similar protocols) for controlling, automating and optimizing functions such as temperature, lighting, security, safety or entertainment, either remotely by a phone, tablet, computer or a separate system within the home itself. It must have a cable, satellite or DSL internet connection and equipped with at least three Smart Home features including security and/or temperature.

Category Examples
Security* Smart locks, networked security cameras
Temperature* Smart thermostats
Appliances Smart refrigerators, smart washer / dryers
Entertainment Smart TVs, TV streaming service
Heating / Cooling Smart HVAC system, smart fans or vents
Lighting Smart light bulbs, lighting systems
Outdoors Smart plant sensors, smart watering systems
Safety Smart fire / carbon monoxide detectors, nightlights

* Must have at least one

The hope – as CBS Marketwatch pointed out – is this definition will set the stage for home buyers and sellers to have a greater understanding of the benefits of their future homes.

Source: Coldwell Banker Blue Matter/David Siroty