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

| Oct 20, 2011

Process leads to new design values for southern pine and other visually graded dimension lumber

A summary of the process used to develop new design values will clarify many of the questions received by the SFPA.

| Oct 19, 2011

Another drop for Architecture Billings Index

Positive conditions seen last month were more of an aberration.

| Oct 18, 2011

Dow Building Solutions invests in two research facilities to deliver data to building and construction industry

State-of-the-art monitoring system allows researchers to collect, analyze and process the performance of wall systems.

The ACI and CRSI anchor training program is expected to be ready by the end of 2

| Oct 14, 2011

ACI partners with CRSI to launch new adhesive anchor certification program

Adhesive anchor installer certification required in new ACI 318-11.

| Oct 13, 2011

New Building Materials Label Focuses On Sustainability

Architectural products company Construction Specialities and design firm Perkins + Will have created a label for building materials to shed light on product content.

| Oct 13, 2011

New Law: California Building Standards Commission Must Include Green Expert

A new California law, AB 930, requires that one member of the California Building Standards Commission be “experienced and knowledgeable in sustainable building, design, construction, and operation.”

| Oct 13, 2011

AGC Urges Repeal of 3% Withholding On Government Contracts

The U.S. House of Representatives is planning a vote in October on a bill to repeal the 3% withholding requirement on all federal and state contracts for goods and services.

| Oct 13, 2011

House Bill Would Block New OSHA Regulations

Proposed riders in a U.S. House of Representatives spending bill would block the Occupational Safety and Health Administration (OSHA) from issuing controversial workplace safety and health regulations.

| Oct 11, 2011

AIA introduces five new documents for use on sustainable projects

These new documents will be available in the first quarter of 2012 as part of the new AIA Contract Documents service and AIA Documents on Demand.

| Oct 7, 2011

GREENBUILD 2011: UL Environment releases industry-wide sustainability requirements for doors

ASSA ABLOY Trio-E door is the first to be certified to these sustainability requirements.

Top Articles

MFPRO+ New Projects

BIG’s One High Line finally reaches completion in New York City’s West Chelsea neighborhood

Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Building Enclosure Systems

Winners of Building Envelope Innovation Prize focus on secondary glazing

More In Category

Building Enclosure Systems

Winners of Building Envelope Innovation Prize focus on secondary glazing

The U.S. Department of Energy (DOE) recently announced the winners of the first phase of the Building Envelope Innovation Prize. The prize targets high-performance, cost-effective secondary glazing systems to improve efficiency of commercial windows.

M/E/P Systems

After residential success, DOE will test heat pumps for cold climates in commercial sector

All eight manufacturers in the U.S. Department of Energy’s Residential Cold Climate Heat Pump Challenge completed rigorous product field testing to demonstrate energy efficiency and improved performance in cold weather.

Resiliency

Climate change degrades buildings slowly but steadily

While natural disasters such as hurricanes and wildfires can destroy buildings in minutes, other factors exacerbated by climate change degrade buildings more slowly but still cause costly damage.

Contractors

Construction industry CEOs kick off effort to prevent suicide among workers

A new construction industry CEO Advisory Council dedicated to addressing the issue of suicide in the construction industry recently took shape. The council will guide an industry-wide effort to develop solutions targeting the high rate of suicide among construction workers.

Most Popular Content