All right, so "as we know it today" would mean the members of this Fandom, the characters in the main series, just how our Fandom generally recognizes the House as.
Some ways the Houses have changed could be that now, Slytherin House accepts more half-bloods and Muggleborns; Gryffindor includes those who have potential bravery, not just those who are obviously courageous; Hufflepuff has defined traits rather than just taking anyone and everyone; and Ravenclaws are not only those who are intelligent or seek intelligence, but those who are wise or creative as well.