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 | May 26, 2020

Is CLT really a green solution?

Sustainability depends upon forest stewardship, product manufacturing process.

Codes and Standards | May 20, 2020

St. Louis is first Midwest city to pass building energy performance standard

Allows owners broad flexibility on how to achieve goals.

Codes and Standards | May 20, 2020

Supreme Court says Georgia cannot copyright its entire official code

Ruling may have implications for other states claiming copyright for building codes.

Codes and Standards | May 18, 2020

Strategies to reduce personal contact in multifamily properties

Design can improve health amid COVID-19 pandemic.

Codes and Standards | May 18, 2020

Canada Green Building Council says building industry lacks zero-carbon skills, knowledge

Net-zero target requires shift in thinking and practices.

Codes and Standards | May 18, 2020

California’s grid can support all-electric buildings

Load-shifting will help reduce peak demand.

Codes and Standards | May 15, 2020

European cities to revamp transportation after pandemic reopening

Road closures, new rules for public transit will be imposed.

Codes and Standards | May 14, 2020

Washington State construction industry restart plan has three phases

In state with earliest COVID-19 cases, advisory group developing priorities based on risk.

Codes and Standards | May 14, 2020

More mass timber beam and column options available in the U.S.

Freres Lumber unveils new line of structural elements suitable for high-rise buildings.

Codes and Standards | May 13, 2020

Researchers flag insufficient training for construction workers on healthcare projects

May contribute to fungal disease outbreaks that endanger patients

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