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 | Aug 19, 2021

Massive infrastructure bill includes hundreds of millions for building energy efficiency

Funds allotted for updated code implementation, construction technology, K-12 efficiency programs.

Green leaves

Codes and Standards | Aug 18, 2021

Fannie Mae green bonds program could be greenwashing

Analysis shows significant number of green bond properties become less efficient.

Codes and Standards | Aug 17, 2021

Three Texas cities head list of most environmentally vulnerable

Hazard analysis includes natural disasters and government response categories.

Codes and Standards | Aug 16, 2021

Bill would reform New York’s public contracting process

Council on Public Contracting Reform to have contractor representation.

Codes and Standards | Aug 12, 2021

AGC pushes for more environmentally friendly construction

Contractor trade group supports government investment, tax incentives to reduce carbon footprints.

Codes and Standards | Aug 11, 2021

Decentralized approach to codes means emissions reduction responsibility falls on local officials

Efficiency advocates focusing more on local code amendments.

Codes and Standards | Aug 10, 2021

Dept. of Energy issues model energy code determinations for commercial, residential buildings

2021 IECC offers 9.4% site energy savings.

Digital Twin Maturity white paper offers guidance on digital twin adoption

Digital Twin | Aug 9, 2021

Digital Twin Maturity white paper offers guidance on digital twin adoption

Provides lifecycle map and an approach for incorporating digital twins.

Codes and Standards | Aug 5, 2021

Contractors can be liable for building failures many years after project completion

Personal injury suits could be brought decades after substantial completion.

Codes and Standards | Aug 4, 2021

Mass timber is a natural choice for building recycling through deconstruction

Designing wood buildings to optimize recovery of materials for disassembly aids carbon sequestration.

Top Articles

MFPRO+ New Projects

At 60 stories, the Paramount multifamily development will stand as Nashville’s tallest high rise

Urban Planning

New York City begins first large-scale porous pavement installation

Curtain Wall

7 steps to investigating curtain wall leaks

More In Category

Urban Planning

New York City begins first large-scale porous pavement installation

New York City is installing its first large-scale porous pavement installation along seven miles of roadway in Brooklyn. The project will keep 35 million gallons of stormwater out of the combined sewer system each year, according to a news release.

Government Buildings

GSA releases updated standards to move federal buildings toward zero emissions

The U.S. General Services Administration (GSA) recently released updated building efficiency standards for federal buildings. The mandatory design and construction standards and performance criteria apply to 300,000 federal buildings.

MFPRO+ News

Report outlines how Atlanta can collaborate with private sector to spur more housing construction

A report by an Urban Land Institute’s Advisory Services panel, commissioned by the city’s housing authority, Atlanta Housing (AH), offered ways the city could collaborate with developers to spur more housing construction.

Energy Efficiency

Artificial intelligence could help reduce energy consumption by as much as 40% by 2050

Artificial intelligence could help U.S. buildings to significantly reduce energy consumption and carbon emissions, according to a paper by researchers at the Lawrence Berkeley National Laboratory.

Most Popular Content