Sustainability has become a buzzword in recent years, and for good reason. With an increasing concern for the environment, many people are looking for ways to reduce their carbon footprint and promote eco-friendly practices. As people become more conscious about the environment, they are also looking for homes that reflect their values.
by Casey Horner
The real estate industry has seen a significant shift towards sustainability in recent years, with luxury properties leading the way. Homebuyers are increasingly looking for eco-friendly options when it comes to their dream homes. As a result, builders and architects have started incorporating sustainable features into their designs to meet the growing demand. With its reputation for being environmentally conscious, the Calgary luxury real estate market is witnessing a steady increase in sustainable properties. In the following article, we will explore some of the ways in which luxury real estate in Calgary is embracing sustainability.
Materials: Luxury homes are typically known for their high-quality finishes and extravagant materials. However, the use of eco-friendly materials is becoming more common in the luxury side of real estate. Recycled, and sustainable materials being used in construction to reduce the environmental impact of luxury homes. These materials not only help reduce carbon footprint, but they also give homes a unique and natural aesthetic, providing a sort of sense of harmony with nature. Alongside the City of Calgary's Sustainable Building Policy, even city owned and financed facility planning, designing, constructing, managing, renovating, operating, and demolishing is expected to be carried out in a sustainable manner. This means contractors need to consider all triple bottom line (social, economic, and environmental) impacts.
Energy-efficient appliances are also becoming more prevalent in luxury homes. Homeowners, designers, and builders are all installing appliances that consume less energy, such as refrigerators, lights, and heaters. These appliances not only help reduce the carbon footprint of luxury homes but also save homeowners money on energy bills. Moreover, smart home technology is being incorporated into luxury homes, allowing homeowners to control energy usage remotely. With the use of a smartphone or tablet, homeowners can monitor and control their home's energy consumption.
In addition to energy-efficient appliances, renewable energy sources are being used in luxury homes. Calgary-based developers, such as Jayman BUILT, are integrating solar panels and geothermal heating systems into their designs. These systems help generate clean energy and reduce the reliance on non-renewable sources such as fossil fuels. It also helps homeowners reach Canada’s goal of Net-Zero by 2050 as per The Canadian Net-Zero Emissions Accountability Act by creating Net-Zero Certified homes.
The benefits of sustainability in luxury real estate are many. Not only can sustainable approaches help lower energy costs, which is a significant benefit for homeowners, using sustainable materials and practices can reduce a home’s carbon footprint, which is essential for protecting the environment. Moreover, promoting sustainability can also improve a home’s resale value. As more people become environmentally conscious, homes that incorporate sustainable practices and materials will become increasingly desirable.