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 | Nov 17, 2020

Midtown Manhattan’s empty offices could be converted to affordable housing

Advocates envision idle offices re-zoned to alleviate housing crisis.

Codes and Standards | Nov 16, 2020

New concrete detailing manual includes downloadable CAD files

American Concrete Institute document contains guidance on codes for structural concrete.

Codes and Standards | Nov 12, 2020

California rent control measure defeated

Golden State voters reject Proposition 21.

Codes and Standards | Nov 11, 2020

NY court ruling makes it easier for condo boards to sue investors for construction defects

Investors would be tapped for damages on such cases.

Codes and Standards | Nov 10, 2020

Researchers and industry leaders will form national institute for AI in construction

Goal is to identify high-impact areas for application in design and construction.

Codes and Standards | Nov 6, 2020

Jobsite injuries in New York City decline 20% since 2017

Safety training cited as a cause of improvement.

Codes and Standards | Nov 4, 2020

Commercial building owners having tougher time securing insurance policies and renewals

Insurers’ fears of civil unrest in wake of election prompt builder’s risk coverage moratoriums.

Codes and Standards | Nov 4, 2020

Turn rooftops into revenue generators with solar arrays

Lease or ownership models for PVs make more sense than ever.

gas stove with flame
Codes and Standards | Nov 3, 2020

The argument against gas stoves includes degraded indoor air quality

Asthma seems to be aggravated by cooking with flame.

Codes and Standards | Nov 2, 2020

Wildfires can make drinking water toxic

Updated building codes could mitigate the danger.

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