Renovate works with reputable security system contractors in your area who offer financing for these projects. Our extensive lender network allows you to explore competitive, flexible financing options that fit your budget and system preferences.
For example, if you finance $2,000 at a 9% APR over 36 months, your monthly payment might be about $64. This figure is for illustration only —your actual APR, monthly amount, and total costs may vary based on credit considerations, lender terms, and the details of your project.
There are many security and automation systems, each with high-tech equipment setups. The experienced contractors in Renovate’s network can evaluate your home’s footprint to recommend home security and automation options based on your monitoring needs and budget.
Security enhancement and home automation costs depend on the equipment needed, features added, and your preferred monitoring method. DIY home security systems cost less than professionally installed and monitored systems, which can cost as low as less than one dollar a day up to $50 per month. Equipment costs $80 for a one-camera system to $1,800 for a comprehensive whole-home setup.
| Equipment | $199–$599* |
| Installation | $99–$299 |
| Monthly monitoring | $25–$50 |
| Lighting | $50–$3,000 |
| Home security | $300–$1,200 |
| Appliances | $70–$10,000 |
| Home Entertainment | $250–$1,000 |
| Outdoor | $75–1,250 |
The price to install a comprehensive system that monitors the home and adds automation varies greatly by equipment setup and your needs. Advanced systems featuring smart home integration—such as smart locks, thermostats, and surveillance cameras—can cost anywhere from $1,000 to $2,500.
| Equipment | $300–$700* |
| Packaging | $1,000–$2,500 |
*Average estimate. Costs vary significantly by the number of devices.
High-tech monitoring and automation systems can be finicky, and having them installed professionally can help reduce some of the learning curve associated with using them. Here are a few common issues with smart home systems our reputable contractors can help you avoid:
When shopping for a home security system, it’s important to think beyond the cost and consider factors that impact functionality and convenience. Here are some of the considerations Renovate’s home security and automation experts might explore with you.
Decide whether you want to monitor the system yourself or opt for professional monitoring. Self-monitoring systems often work through an app, giving you real-time alerts and control. However, you are responsible for checking them regularly and calling for help if needed. Professional monitoring services, like those offered by ADT or CPI Security, connect to a call center that can notify authorities on your behalf, providing added peace of mind for a monthly fee.
Your home's size and layout significantly influence the type of system and its cost. For example, securing a 1,000-square-foot home requires less equipment—such as sensors and cameras—than a 3,500-square-foot, multi-story property. Larger homes may require additional features such as extended-range equipment or extra cameras to ensure complete coverage.
Another factor to consider is whether to choose a hard-wired or wireless system. Hard-wired systems are generally more reliable and less susceptible to signal interference but can be more expensive to install in existing homes. On the other hand, wireless systems are easier to install, portable, and often more user-friendly. However, they may require periodic maintenance, such as battery replacements, and a stable WiFi connection.
As your security needs evolve, you may want to upgrade your system or add smart home features such as video doorbells, smart locks, or energy monitoring. Ensure the system you choose is compatible with enhancements and that the financing or purchase plan allows for upgrades over time.
Renovate makes it easy to connect with contractors who can secure and automate your home. Here are a few other benefits of using Renovate to explore home security financing.
Renovate’s contractors offer financing options through a network of financial institutions. These options offer competitive interest rates, flexible loan amounts, and multiple terms, so you can choose a loan that fits your budget and project size.
Our platform connects owners with reputable security contractors and direct financing options. After completing the form, Renovate will search for both a home security contractor and a flexible financing solution that meets your needs.
Renovate’s wide-ranging lending network may work with varying credit profiles. Your credit score does not have to be perfect to qualify for funding for your home security project.
Submitting your request for home security financing is quick, easy, and done entirely online. Include some basic information about yourself, your finances, and your project. Based on your provided information, you may get a pre-qualification offer in minutes.
Yes, integrating home automation can raise the value of your home. Amenities such as smart thermostats, lighting, and security systems are highly desired by buyers looking for a more modern, efficient home. The National Association of Realtors says that survey homes with smart and innovative technology features sell for 5% more.
Many security systems for homes are designed for the homeowner to install themselves, but some higher-tech wired systems may require the help of a professional who can place and connect your sensors. DIY smart home systems often come with clear instructions.
Financing usually pertains to equipment costs, not monitoring services of security systems. The latter is generally billed separately every month. For example, ADT has funding for equipment purchases, while the monitoring services are charged monthly.
Some security companies have financing options available without a credit check. However, a lower credit score often comes with higher interest payments.
Approval times for security system financing differ depending on the provider. Some lenders allow you to prequalify almost instantly, and they will fund your loan within one to seven days. With Renovate, you can fill out our form in minutes, and prequalified offer may be presented on screen, letting you know if you’ve been connected with a contractor and prequalified for renovation financing.
