Green Archive

High-performing Homes: New Source on Local Incremental Cost Data

Summary: Lack of time, information, and resource has made it difficult for appraisers to factor green building into their valuations. Now, the Northwest Energy Efficiency Alliance has released a means for appraisers to gather incremental green cost data locally....
October 23, 2013

Three-for-One Bonus: V2.0 of Appraisal Institute’s ‘Green & Energy Efficient Addendum’ Hits the Street

In 2011 the Appraisal Institute released one work-around to address three major sticking points that have made it difficult to appraise high-performance or “green” homes. The first problem has been that the most important features of these homes are...
March 15, 2013

Free Market, Liability, and Greening an MLS

In the world of residential valuation, a green-built, energy-efficient, or high-performance new home or retrofit is essentially invisible to the consumer if the MLS doesn’t support green fields (i.e., fields in the MLS data form that enable the listing...
February 7, 2013

The Foundation Wants You!

The Appraisal Foundation’s (TAF) Appraisal Practices Board (APB) put out a call for subject matter experts (SME) on the valuation of green buildings. According to the release, the SME panel will “research and cite all pertinent sources of existing...
March 21, 2012

It Ain’t Easy Going Green

One of the challenges with greening residential real estate has been appropriately valuing such features in the appraisal process.  According to the National Mortgage Professional, “Home builders and others have complained that appraisers often don’t properly take into account...
January 25, 2011