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 | Jan 3, 2020

Labor supply and capability of workers worry contractors

Three out of four firms plan to add workers in 2020.

Codes and Standards | Jan 3, 2020

Car-free streets could become common in major cities

New York and San Francisco establish thoroughfares dedicated to transit, pedestrians.

Codes and Standards | Jan 2, 2020

CRE professionals have increased interest in embodied carbon accounting, smart buildings

Survey also shows that interest in resiliency lags behind.

Codes and Standards | Jan 2, 2020

White paper focuses on Metal Composite Material labeling

Document part of effort to uphold industry standards for the product.

Codes and Standards | Dec 18, 2019

Hard Rock Hotel collapse in New Orleans puts spotlight on undocumented workers

Having helped rebuild the city after Hurricane Katrina, many under threat of deportation.

Codes and Standards | Dec 18, 2019

Maryland lawmakers take on blocked sidewalks during construction projects

Legislation clarifies developers’ responsibilities.

Gulls flying

Codes and Standards | Dec 18, 2019

New York City passes legislation to prevent bird strikes on buildings

Requires bird-safe materials on first 75 feet of a structure.

Codes and Standards | Dec 16, 2019

New Buildings Institute seeks entries for Zero Buildings Database

Listing illustrates feasibility of ultra low-energy buildings.

Codes and Standards | Dec 13, 2019

USGBC launches new tool to prioritize sustainability strategies

Highlights building design features that can lead to better performance.

Codes and Standards | Dec 12, 2019

Coalition calls for consistent building data disclosure regulations in Canada

Major real estate firms are driving the effort.

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