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

In many markets, green features are more of a requirement for apartment renters

Codes and Standards | Jul 17, 2018

In many markets, green features are more of a requirement for apartment renters

Renters in many U.S. cities have come to expect green features in apartments that they rent, with an eye toward energy efficiency and healthy indoor air.

Codes and Standards | Jul 16, 2018

Length of North American construction disputes continues to increase

They already far exceed global average.

Codes and Standards | Jul 12, 2018

Developer says net zero Salt Lake City apartment high-rise built at standard cost

Off-site solar, and mechanical/electrical system savings aid the achievement.

Washington D.C. row houses

Codes and Standards | Jul 11, 2018

D.C. local worker requirement not being met

Government doing little to verify self-reported project data.

Cement

Codes and Standards | Jul 10, 2018

Carbon emissions in cement production threaten GHG reduction goals

Cement is essential to many infrastructure projects that address climate change.

Codes and Standards | Jul 10, 2018

DOE’s Better Buildings Summit to be held in Cleveland, August 21-23

Agenda includes technical training and networking opportunities.

Houston Skyline

Codes and Standards | Jul 6, 2018

Houston’s lessons learned from Harvey include lack of awareness by residents of flood danger

Inconsistent regulatory environment also cited.

Large window overlooking a pool

Codes and Standards | Jul 6, 2018

Delos and HDR will co-develop wellness design tools and collaborate on research

WELL Building Standard pioneer teams with architects to advance wellness innovations in the built environment.

Codes and Standards | Jul 5, 2018

BREEAM New Construction standard launched in U.S.

Follows successful launch of BREEAM In-Use standard.

Codes and Standards | Jun 29, 2018

Nearly half of nonresidential construction projects now delivered by design-build

‘Alternative’ method now mainstream for nonresidential, highway/street, and water/wastewater construction projects.

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