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 | Oct 24, 2016

Fall hazards, hazard communication lead 2016 OSHA top violations

The 2016 list bears a strong resemblance to the 2015 list.

Codes and Standards | Oct 21, 2016

Green Bond Guidelines for the Real Estate Sector updated

The market growth is a signal of future opportunities.

Codes and Standards | Oct 20, 2016

What top-ranked energy efficiency states are doing right on codes, utility mandates

Calif., and Mass., use aggressive targets to lead nation.

Codes and Standards | Oct 20, 2016

New cross-laminated timber fire tests back proponents of high-rise wood structures

'Demonstrating for the first time the feasibility of tall mass timber buildings in the U.S.’

Codes and Standards | Oct 14, 2016

ASCE issues first tsunami-safe building standards

The new standards will become part of international building code.

Codes and Standards | Oct 12, 2016

Making concrete greener

The high energy-consuming material can be made more sustainably.

Codes and Standards | Oct 11, 2016

Historic preservation moving beyond saving grand old buildings

National Trust for Historic Preservation CEO says the focus is on saving cities, not just buildings

Codes and Standards | Oct 10, 2016

Los Angeles voters will decide whether high-density developments should be harder to build

A March vote on the Neighborhood Integrity Initiative would put 2-year ban on zoning changes

Codes and Standards | Oct 10, 2016

New sustainable landscape development and management credential launched

GBCI offered the first testing opportunity Oct. 3 at Greenbuild

Codes and Standards | Oct 6, 2016

Obama administration will spend $80 million for smart cities initiatives

The technology is targeted for climate, transportation, resiliency.

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