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 | Feb 17, 2017

New energy design guide for metal building systems now available

The second edition incorporates more recent IECC and ASHRAE standards.

Codes and Standards | Feb 14, 2017

Paper outlines how BREEAM credits can be used for WELL standard compliance

The paper provides guidance on how to streamline pursuit of dual certification.

Codes and Standards | Feb 14, 2017

Evidence mounts on health, productivity benefits of sustainable work spaces

High-performance green buildings are linked to better job performance.

Codes and Standards | Feb 13, 2017

Calif. commission approves ‘emergency’ balcony code changes

The changes apply to multifamily, hotels, state-owned buildings, and public schools.

Codes and Standards | Feb 9, 2017

Google-initiated program aims to get construction industry to use healthier building materials

Portico platform features a database of products ranked on how they disclose ingredients.

Codes and Standards | Feb 7, 2017

Newer structural standards mitigating earthquake impacts in Oklahoma

Buildings constructed in the last two decades are largely holding up to increased seismic activity.

Codes and Standards | Feb 6, 2017

New York State offers $36 million for energy efficiency on commercial buildings

Programs will provide money for both owners and renters.

Codes and Standards | Feb 6, 2017

New white paper on modular bathroom pods offers insight on best uses

When to use them, cost, and installation are issues that are explored.

Codes and Standards | Feb 3, 2017

Justice in Design initiative to explore how to design a modern jail

The report will inform design principles for New York City jails.

Codes and Standards | Feb 1, 2017

Massachusetts, Colorado, Illinois lead annual Top 10 States for LEED Green Building list

LEED for Building Operations and Maintenance the most popular rating system in top 10 states.

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