HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV

𝕏

Currently Reading

First valuation advisory for green and high performance property adopted

Codes and Standards

First valuation advisory for green and high performance property adopted

Guidelines for appraisers to value green buildings, energy efficient features

By Peter Fabris, Contributing Editor | July 6, 2015

First valuation advisory for green and high performance property adopted — The document provides voluntary guidance to appraisers on the background and competency necessary to credibly value green buildings.

Continue Reading

The Appraisal Practices Board (APB) of The Appraisal Foundation has released the first of three Valuation Advisories related to the valuation of green buildings: “The Valuation of Green and High Performance Property: Background and Core Competency.”

The document provides voluntary guidance to appraisers on the background and competency necessary to credibly value green buildings and/or energy-efficient features. The Advisories are part of a joint project with the United States Department of Energy (DOE) to develop guidance and educational materials for appraisers on green valuation.

“The Valuation Advisory adopted on June 2 is an important first step in providing real property appraisers with the knowledge and tools they need to value both commercial and residential green buildings in a competent and ethical manner,” said Rick Baumgardner, Chair of the Appraisal Practices Board. “We’re very excited to adopt two additional Advisories in the coming months that will further provide appraisers with guidance on the recognized methods and techniques related to green valuation.”

These Advisories will offer guidance to appraisers so they will be able to provide appraisals in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP), the Congressionally-authorized standards for real property appraisers. Over the coming months, the APB will adopt Advisories focused on the valuation of green residential properties, as well as green commercial, multifamily and institutional properties. To view the Advisory, visit: https://appraisalfoundation.sharefile.com/d-s5f8aa66a58a41f09

Tags

Related Stories

Codes and Standards | Sep 21, 2018

More than 130 organizations petition OSHA to create heat protection standard for workers

Includes mandatory rest breaks, heat-exposure monitoring, record-keeping injury requirement.

WIlmington, NC

Codes and Standards | Sep 20, 2018

North Carolina law banning use of recent climate science could worsen Hurricane Florence impact

Policies may have undermined ability to make coastal regions more resilient.

Codes and Standards | Sep 19, 2018

AIA endorses building owner participation in cap-and-trade programs

Would spur more energy conservation in buildings and cut carbon emissions.

Codes and Standards | Sep 18, 2018

ConsensusDocs Coalition publishes new Lean Addendum

Industry-first document to facilitate lean tools without need to sign multi-party IPD agreement.

Codes and Standards | Sep 14, 2018

IAPMO seeks comments on proposals for 2021 plumbing and mechanical codes

Deadline is Jan. 3, 2019.

Codes and Standards | Sep 13, 2018

As ICC prepares to vote on codes for tall wood buildings, opposition is still strong

Influential body will vote in October on new provisions to allow 18-story wood-framed structures.

Codes and Standards | Sep 12, 2018

Saltwater incursion into Miami’s aquifer may make city uninhabitable later this century

Rising sea levels likely to claim drinking water before land is under water.

Codes and Standards | Sep 11, 2018

Smart Surfaces Coalition will help cities reduce urban heat island effect

Surfaces can reflect away heat and help prevent flooding.

Codes and Standards | Sep 7, 2018

Certified Green Buildings may have an advantage in capital markets

Research supports financial case for certification.

Codes and Standards | Sep 7, 2018

NIST releases report outlining steps to bolster disaster resiliency

Offers immediate occupancy building codes and performance standards strategies.

Top Articles

Construction Costs

Data center construction costs for 2024

Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Building Team

Registration open! 2024 Women in Residential+Commercial Construction Conference, September 18-20, Phoenix

More In Category

Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.

MFPRO+ News

More permits for ADUs than single-family homes issued in San Diego

Popularity of granny flats growing in California

Codes and Standards

New York City code update changes definition of a major building

Changes affecting how construction projects in New York City are permitted will have significant impacts for contractors. On Dec. 11, the definition of a major building in the city’s code will change from 10 stories to seven, or 75 feet. The change will affect thousands more projects.

Government Buildings

GSA adopts new accessibility guidelines for federal properties

The U.S. General Services Administration (GSA) adopted a new rule with new accessibility guidelines for federal buildings. The rule establishes that pedestrian facilities in the public right-of-way are readily accessible to and usable by people with disabilities.

Most Popular Content