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 | Feb 18, 2020

Recent Dept. of Energy grants emphasize grid-interactive building technology

National labs, universities, businesses selected for total of $74 million in funding.

Codes and Standards | Feb 14, 2020

At least 13 states create incentives for utilities to use demand response programs

Practice optimizes power grid, incorporates more renewable power.

Codes and Standards | Feb 13, 2020

Living Future Institute’s JUST program helps measure progress on sustainability, social justice

Functions as a transparency platform for organizations to disclose their operations.

Codes and Standards | Feb 12, 2020

Commercial Building Energy Saver Wins R&D 100 Award

Software toolkit enables access to deep energy retrofit and zero-net energy strategies.

Codes and Standards | Feb 11, 2020

Fenestration Rating Council launches faster energy performance testing system

New windows, doors, and skylights will get to market faster.

Codes and Standards | Feb 7, 2020

Landlords scramble to comply with the New York City Council’s Climate Mobilization Act (CMA)

Intent is to reduce greenhouse gas emissions; improve efficiency for buildings larger than 25,000 sf.

Codes and Standards | Feb 6, 2020

New document to determine THERM finite element modeling surface temperatures released

Process often used to predict interior surface temperatures on fenestration.

Codes and Standards | Feb 5, 2020

HUD issues guidance on emotional support animals

Clarifies the responsibilities of rental housing providers and renters.

Codes and Standards | Feb 4, 2020

New Jersey to become first state to require building contractors to consider climate change impact

Governor has seven key strategies for emissions cuts.

Codes and Standards | Jan 31, 2020

Colorado ranks first in LEED Top 10 states

Rankings of states for LEED certified square feet per person released.

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