flexiblefullpage

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

Menu View Full Menu
Subscribe Here
billboard
interstitial1
catfish1
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 | Jun 6, 2017

New York City will require construction superintendents on buildings higher than three stories

New laws focus on construction safety.

Industry Groups move toward Unified Green Building Model Code in 2018
Codes and Standards | May 30, 2017

Industry Groups move toward Unified Green Building Model Code in 2018

The effort involves combining ASHRAE's Standard 189.1 with the International Green Construction Code.

OSHA suspends electronic injury, illness reporting requirement
Codes and Standards | May 30, 2017

OSHA suspends electronic injury, illness reporting requirement

The agency is keeping records from being publicly disclosed—for now.

Florida preparing to adjust to new building elevation requirements
Codes and Standards | May 30, 2017

Florida preparing to adjust to new building elevation requirements

New floodplain maps and state code changes loom.

Codes and Standards | May 30, 2017

Heated debate over whether Calif.’s prevailing wage requirement stymies affordable housing

There’s disagreement around how much pay regulations add to cost of projects.

Codes and Standards | May 25, 2017

Technology is influencing parking requirement codes in new developments

Uber and Lyft make it easier for urban dwellers to live without owning cars.

Codes and Standards | May 25, 2017

Better Buildings Challenge Partners on track to reduce energy usage by 20% in 10 years

More than 1,000 proven solutions are now available on DOE web site.

Codes and Standards | May 22, 2017

Affordable housing initiative drives surge in residential unit permits in New York City

New permits tripled from year-ago period.

Codes and Standards | May 22, 2017

Amid labor shortage, industry groups urge government action to boost trades

AGC says a shortage of qualified workers is limiting the economy from adding more jobs.

Codes and Standards | May 19, 2017

Spate of sinkhole incidents points to neglected infrastructure investment

Suddenly appearing caverns cause deaths, evacuations, interruption of utility services.

boombox1
boombox2

Top Articles

native1

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.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021