Consumers Associate Green Building With High Quality

Posted on May 06,2015 by Fretboard in appraisals

American consumers are increasingly aware of green construction programs. This increasing awareness is being driven by rising energy costs as well as marketing by builders and building material manufacturers. Moreover, consumers perceive green buildings to be of higher quality than buildings that barely meet code.

To Capture Green Value, We Need a Long Perspective

Posted on May 06,2015 by Peterbilt in appraisals

If we let simple or even net-value payback analysis alone drive the economics of high-performance buildings, we might as well throw in the towel. It is truly crazy to apply just this approach to long-lived durable goods, such as homes.

A Step Toward Fairer Green Home Valuations

Posted on May 06,2015 by Fretboard in appraisals

To say this is an era of heightened scrutiny of the appraisal industry is an understatement. Flat-lining home sales and prices have sellers – including homebuilders – sharply focused on the fairness of lender valuations, especially those in markets afflicted by foreclosures.

Giving Green Certification a Home in Real Estate Listings

Posted on May 06,2015 by Fretboard in appraisals

The battle to capture the fair value of green features in homes took a turn in favor of home sellers and builders this month in Colorado, where a state government task force led an initiative to factor certified energy efficiency and renewable-energy features into real estate listings.

Getting a Grip on Green-Home Appraisals and Insurance

Posted on May 06,2015 by Fretboard in appraisals

One of green residential construction’s growing pains has been the disconnect between what an appraiser might declare a new, energy efficient house is worth and what it actually costs to build.

When Green Poses an Appraisal Problem

Posted on May 06,2015 by Fretboard in appraisals

In the same press release the National Association of Realtors reported a 2.4% uptick in existing-home sales for May, the group also repeated its concerns about appraisal methods that, according to NAR economist Lawrence Yun, “compare traditional homes with distressed and discounted sales.”

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