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 | Dec 9, 2020

Investors want building resiliency plans and risk mitigation practices

Owners should assess risk, insurance coverage, and ability to withstand disasters.

Codes and Standards | Dec 4, 2020

OSHA cites more than 200 employers for COVID-19 violations

Agency releases guidance on lessons learned from pandemic inspections.

Codes and Standards | Dec 1, 2020

Pandemic spurs nearly 16 million people to move from major cities

Most of the movement seems permanent.  

Codes and Standards | Nov 30, 2020

USGBC ready to catalyze LEED Positive future

New programs, updates will spur shift to regenerative strategies.  

Codes and Standards | Nov 30, 2020

Updated spec for self-adhering flashing surrounding exterior fenestration products released

FGIA document was last updated in 2013.

Codes and Standards | Nov 30, 2020

Finalized 2021 Energy Code leaves out future-proofing provision

Appeals process nixed requirement for residential electrification readiness.

Codes and Standards | Nov 23, 2020

GBCI turns over GRESB ownership to global investment firm

Organization assesses sustainability performance of real estate and infrastructure portfolios and assets.

Codes and Standards | Nov 23, 2020

New industrywide clay brick EPD launched

Contributes toward LEED v.4.0 and v.4.1 materials and resources requirements.

Codes and Standards | Nov 19, 2020

The ‘15-minute city’ could transform municipal planning

Concept aims for car-free living.

Codes and Standards | Nov 18, 2020

Commissioning study finds median energy savings of 3% to 16%

Berkeley Lab examines results of commissioning across building types.

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