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The Energy Performance of Buildings Directive 2018/844/EU introduced the smart readiness indicator (SRI) to provide a framework to evaluate and promote building smartness in Europe. In order to establish a methodological framework for the SRI calculation, two technical studies were launched, at the end of which a consolidated methodology to calculate the SRI of a building basing on a flexible and modular multicriteria assessment has been proposed. In this paper the authors applied the above-mentioned methodology to estimate the SRI of the Italian residential building stock in different scenarios. To this end, eight "smart building typologies", representative of the Italian residential building stock, have been identified. For each smart building typology, the SRI was calculated in three scenarios: (a) base scenario (building stock as it is); (b) an "energy scenario" (simple energy retrofit) and (c) a "smart energy scenario" (energy retrofit from a smart perspective). It was therefore possible to estimate a national average SRI value of 5.0%, 15.7%, and 27.5% in the three above defined scenarios, respectively. [ABSTRACT FROM AUTHOR]