flexiblefullpage
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.

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

Related Stories

| Jan 18, 2012

California approves open cell spray foam for energy efficiency standards

The California Energy Commission (CEC) now recognizes open-cell spray foam as an accepted insulation in its 2008 Building Energy Efficiency Standards.

| Jan 5, 2012

Building to LEED standards now an 'easy call' from cost standpoint

Once seen as a cost burden, building to LEED standards is now an "easy call," according to Dan Probst, chairman of energy and sustainability for real estate management and development firm Jones Lang LaSalle.

| Jan 5, 2012

Minnesota's GreenStep Cities program aids communities in winning grants

GreenStep Cities, a Minnesota initiative, was designed to provide greater recognition to the state's communities for achievements in meeting sustainability standards and goals.

| Jan 5, 2012

Some ADA accessibility rules change in 2012

Some changes to the Americans with Disabilities Act go into effect beginning March 15, 2012.

| Jan 5, 2012

Ontario's stringent energy code has builders concerned over indoor air quality

Some Ontario builders are worried that new building code requirements with stricter energy efficiency measures could lead to poor indoor air quality.

| Jan 5, 2012

New law bars Defense Department from new LEED certifications

The Defense Department will not be allowed to use any money to certify its buildings LEED Gold or Platinum, under a law President Obama signed Dec. 31.

| Jan 5, 2012

Some ADA accessibility rules change in 2012

Some changes to the Americans with Disabilities Act go into effect beginning March 15, 2012.

| Jan 3, 2012

New SJI Rule on Steel Joists

A new rule from the Steel Joist Institute clarifies when local reinforcement of joists is required for chord loads away from panel points. SJI members offer guidance about how and when to specify loads.

| Dec 29, 2011

OSHA enforcing new fall hazard standards

OSHA is enforcing its new fall protection standards, as evidenced by a recent crackdown in New York.

| Dec 29, 2011

NRCA offers program on new fall-protection requirements

The National Roofing Contractors Association's (NRCA's) program "Roofing Industry Fall Protection from A to Z" will be held Feb. 21 during the organization's 125th Annual Convention.

boombox1
boombox2
native1

More In Category




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