Green Home Valuation Gets a Boost

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Green Home Valuation Gets a Boost

Will green homes finally get the appraisal values they deserve?
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Green Builder Media

Wednesday, January 6, 2016 - 8:30am

CAMPAIGN: Code Watch

CONTENT: Blog

The Appraisal Institute and the Building Codes Assistance Project just released guidance related to valuation of green and energy-efficient homes. 

“It’s a document that is long past due,” says Cati O’Keefe, Green Builder Media’s editorial director. “Home buyers have consistently demonstrated an interest in green homes because they offer lower utility bills, higher indoor air quality and comfort, and because it is the right thing to do for the planet. Now that they know their investment will also be valued accurately, it will make choosing green even easier.” New homes built to the 2012 or 2015 IECC [International Energy Conservation Code] are high-performing, and the appraisals should reflect that, notes Maureen Guttman, president of the Building Codes Assistance Project. “This letter gives the industry step-by-step guidance to help make that happen,” she says. 

Appraised Value & Energy Efficiency: Getting It Right provides important information for all parties involved in the purchase or sale of a home that has green or energy-efficient features.

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Keywords: Energy | Cati O'Keefe | Energy | Energy Efficiency | Green Appraisal | Green Builder Media | IECC | International Energy Conservation Code | Responsible Production & Consumption | Utilities

CAMPAIGN: Code Watch

CONTENT: Blog

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