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 | Mar 23, 2020

Florida legislature passes bill to reduce retainage on state and local projects

House and Senate vote is nearly unanimous; law would go into effect Oct. 1.

Codes and Standards | Mar 20, 2020

Feds prod use of eminent domain to force people out of flood-prone homes

Local officials that don’t comply could lose federal money to combat climate change.

Codes and Standards | Mar 19, 2020

ASHRAE provides COVID-19 resources for operating, maintaining HVAC systems

Includes recently approved position document on Airborne Infectious Diseases.

Codes and Standards | Mar 19, 2020

CaGBC launches new version of its Zero Carbon Building Standard

Version 2 draws on lessons from more than 20 zero carbon projects.

Codes and Standards | Mar 16, 2020

Concrete industry reduces carbon footprint by 13% over five years

Result mostly due to more efficient use of Portland cement.

Feds push use of eminent domain to force people out of flood-prone homes

Resiliency | Mar 13, 2020

Feds push use of eminent domain to force people out of flood-prone homes

Local officials that don’t comply could lose federal money to combat climate change.

Codes and Standards | Mar 12, 2020

Design guide for sloped glazing and skylights updated for first time in 30 years

Helps with choosing proper glass for non-residential applications.

Codes and Standards | Mar 11, 2020

Two tree species native to the Northeast found suitable for CLT

Eastern white pine and eastern hemlock pass strength testing.

Codes and Standards | Mar 10, 2020

Prescient receives ICC certification for seismic resilience system

Technology suitable for buildings up to 12 stories in earthquake-prone areas.

Codes and Standards | Mar 6, 2020

Design firms creating plans to re-imagine D.C.’s tidal basin

Area including National Mall is facing increased flood risk.

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