One of the most common questions when it comes to spending money is, “what’s in it for me?” Income is difficult to earn, so it only makes sense that most of us want to make sure we’re getting our dollar’s worth for the services and products we buy.
Home security is no exception. Many homeowners these days focus too much on the cost of home security upgrades instead of their value. The ROI for home security investments is greater than you might think, however. We explore that further with a look at the ROI of home security investments.
Costs of Home Security
Costs always vary depending on the type of security you invest in, the brand and the place where you buy it. But there are some general pricing ranges to consider for different home security investments. According to Bankrate, here are some general pricing ranges for a few different types of home security solutions on the market today:
- Home security systems: $200 to $700
- Home security system installation: up to $2,000
- Home security system monitoring: $40-60 per month
- Sensors/motion detectors: $25-300 per item
- Video cameras: $140-300
These are just a few examples and are general guidelines, but should give you an idea about the investment. Now let’s go over the return.
Benefits of Home Security Investments
While the initial cost of implementing residential security measures might seem significant, the returns and benefits are many. These include:
- Protection against losses: burglaries, property damage or loss of valuables can incur substantial financial setbacks. However, a robust security system, fortified with quality locks, alarms and surveillance, acts as a powerful deterrent.
- Peace of mind for loved ones: the emotional and psychological peace derived from knowing that family members are protected is immeasurable.
- Insurance savings: many insurance providers offer discounts for homes equipped with reliable security systems.
- Increased property value: homes fortified with advanced security systems often boast higher resale value in the real estate market.
Where to Get Home Security Upgrades
As with many products and services you day, you can buy home security upgrades online. But there are several reasons to shop for them from a local company where you can browse your options in person. At A-1 Locksmith, for example, we provide a wide array of home security options and will consult with you to find the best solutions for your budget, preferences and desired features.
Home security is an investment with a better return than you might think – even ignoring peace of mind. To experience the ROI of home security investments yourself, contact A-1 Locksmith today or visit one of our Dallas-Fort Worth locations.
