flexiblefullpage
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.

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

Related Stories

| Mar 8, 2012

Federal silica dust rule caught in bureaucratic limbo

A federal rule meant to protect the lungs of workers has been caught in bureaucratic purgatory for more than a year.

| Mar 8, 2012

New LEED-EBOM rating has requirements for specific project types

Several key changes are proposed for the LEED-EBOM Rating System in 2012.

| Mar 8, 2012

Green buildings more resilient than conventionally built structures

A new study by the U.S. Green Building Council (USGBC) and the University of Michigan’s Taubman College of Architecture and Urban Planning suggests that structures built to green standards can advance building resiliency.

| Mar 1, 2012

LEED Platinum standard likely to mean net-zero energy by 2018

As LEED standards continue to rise, the top level, LEED Platinum, will likely mean net-zero energy construction by 2018.

| Mar 1, 2012

EPA beefs up stormwater discharge rule from construction projects

The U.S. Environmental Protection Agency (EPA) has now finalized its 2012 construction general permit (CGP) that authorizes stormwater discharges from construction projects that disturb one or more acres of land in the areas where EPA is the permitting authority.

| Mar 1, 2012

Regulators investigate structural failures during construction of two Ohio casinos

Regulators with the Occupational Safety & Health Administration and the city of Cincinnati are investigatingthe collapse of the second floor of Cincinnati's Horseshoe Casino as workers were pouring concrete.

| Mar 1, 2012

Is your project too small for LEED? Consider other green standards

There are many other recognized national, state and local programs that offer a variety of best management practices and sustainable design, construction and operating strategies.

| Mar 1, 2012

California bill aims to cut costs for commercial building energy retrofits

A bill in the California Assembly would allow the state to pool together property owners’ energy-retrofit loans.

| Feb 29, 2012

Carvalho appointed Shawmut Safety Director

He has been a driving force behind multiple safety-orientated initiatives at Shawmut, including Safety Week, the creation of an online safety manual, and the implementation of a new safety reporting and tracking system. 

boombox1
boombox2
native1

More In Category




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