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Depending on what you choose, purchasing and installing a smart home security system could cost anywhere from $ to $5, Such a system would include a. A smart home means your home has a smart home system that connects with your appliances to automate specific tasks and is typically remotely controlled. Over the past several years, big names in the smart home industry have taken huge steps in making their professionally-installed system more affordable. Today. In a smart home, everything from large appliances to vacuums to home security systems can be connected to the internet, each other, and be controlled remotely. A smart home refers to a simple home setup where appliances and equipment can be operated remotely via a smartphone or networked computer from anywhere with.