Smart Home Technology Continues to Be a Wise Investment

It’s hard not to be inspired by the exciting times we live in. Through the power of technology, we have done things that were once thought impossible and, knowing that, we keenly look forward to future technology. From autonomous vehicles to new developments in the area of artificial intelligence, I think we will continue to see broad technological trends that will make our lives easier and more comfortable.

While drones and smart phones seem to be the first innovations that come to mind when we think about recent advances, abundant strides have also been made in the area of smart home technology.  Innovations like smart monitoring and green technology not only introduce the latest technology to homeowners and condo owners, they also help residents reduce energy consumption, live more efficiently and reduce their carbon footprints (which also saves money).

From our experience at Mizrahi Developments, giving residents an opportunity to customize the physical design and style of their living spaces is a major win.  Beyond that, giving residents an easier ability to control their living environment is also highly important – and smart home technology makes that much easier.

Aside from comfort, the ability to remotely control a home’s temperature and lighting, and ultimately its energy consumption, falls in line with the growing movement toward global environmental responsibility. 

Keeping a focus on energy consumption and energy efficiency is also one reason why Mizrahi Developments is an Energy Star rated builder.  Being an Energy Star builder means more than providing Energy Star rated appliances and fixtures – an Energy Star home is specifically designed to be warmer in winter, cooler in summer, as well as significantly quieter and draft-free.  The addition of high-efficiency furnaces and air-conditioning units, top quality appliances and the latest lighting technology make Energy Star homes environmentally friendly, producing two-to-three tonnes less greenhouse emissions annually compared to a regular home.

From making a truly optimal interior environment to helping residents live less energy-consumptive lifestyles, in the coming years I expect new advances in smart home technology to continue to make building development both more efficient and more environmentally conscious. 

One area that I am particularly looking forward to in the near future is the merger of data analytics and energy management systems. While tenants control their individual environments through app technology, data analytics will provide building management better tools to monitor and control the conditions of communal spaces. This will allow for better control of lighting and heating systems, which are some of the most significant factors in maintenance fees. Better control over energy management can also contribute to reducing a building’s overall carbon footprint.