Home Energy Efficiency Now Recognized by Appraisers

The Appraisal Institute has developed a Residential Green and Energy Efficient Addendum. The Appraisal Institute Green Addendum is the first residential energy efficiency appraisal report addendum developed by appraisers, for use by appraisers when appropriate. This report evaluates items of high performance housing for consideration by appraisers.

Measuring the Value of Home Energy Efficiency

The Appraisal Institute Green Addendum will serve as a tool for appraisers when selecting comparable sales for the property being appraised. If an appraiser had a completed Appraisal Institute Green Addendum on every high-performance house used as comparable sales, it would leave little question on the comparability of the data. The addition of this property evaluation method may aid in a more accurate valuation of the property.

Download Information about Homes Already In the RESNET Registry

Through an agreement between RESNET and the Appraisal Institute, you can now generate the Appraisal Institute Green Addendum and auto-populate it from the data collected in the home energy rating. Any RESNET Rater with access to the RESNET National Building Registry can produce the Residential Green and Energy Efficient Addendum at the time that a home’s energy rating is entered into the RESNET registry. RESNET Raters can now login to http://buildingsregistry.resnet.us, view a rating, and then click on “Print Appraisal Institute Addendum” at the top of the screen. It will automatically generate and start downloading a PDF form and auto-fill it with the data currently available in the registry. When RESNET adds additional building description data to the registry, you will be able to fill out a lot more. In the meantime, Raters can use the PDF form to fill out additional information manually and then print it.

This new Green Addendum will help appraisers better understand the value of a house with consideration to its energy-efficient features. This will provide increased value, and likely demand, for homeowners seeking a RESNET HERS rating of their home. To learn more about RESNET Ratings, please visit the RESNET HERS Rater page on our website.

Views: 254

Tags: addendum, appraisal, audit, efficiency, energy, estate, green, hers, home, rating, More…real, residential, resnet

Comment

You need to be a member of Home Energy Pros to add comments!

Join Home Energy Pros

Home Energy Pros

Home Energy Pros was founded by the developers of Home Energy Saver Pro (sponsored by the U.S. Department of Energy,) and brought to you in partnership with Home Energy magazine.

Latest Activity

Mike Kandel added a discussion to the group Building Performance Institute (BPI)
Thumbnail

BPI's Home Energy Auditing Standard Published as ANSI Standard

The Building Performance Institute, Inc. (BPI) is proud to announce that BPI-1100-T-2014: Home…See More
7 minutes ago
Mike Kandel posted a discussion

BPI's Home Energy Auditing Standard Published as ANSI Standard

The Building Performance Institute, Inc. (BPI) is proud to announce that BPI-1100-T-2014: Home…See More
8 minutes ago
Hal Skinner posted a discussion
37 minutes ago
Todd St.Clair joined allen p tanner's group
Thumbnail

Energy Auditing Equipment for Sale, Trade or to Purchase

Discuss the pros and cons of the equipment you are interested in prior to purchase. Post equipment…See More
3 hours ago
Todd St.Clair replied to Jim Falakos's discussion Treat Software in the group Energy Auditing Equipment for Sale, Trade or to Purchase
"How long ago did you buy this, if it was good for 5 months? And how much would you take for this."
3 hours ago
Bud Poll replied to Bud Poll's discussion Basing air exchange on house volume??
"Hi Sean, yes I am struggling with this and that is why I opened the discussion, so a definite…"
5 hours ago
Lynda Wright is now a member of Home Energy Pros
5 hours ago
Sean Lintow Sr replied to Bud Poll's discussion Basing air exchange on house volume??
"Sorry Bud but I think you need to clarify your issues with using volumes to calculate ACH As for…"
16 hours ago

© 2014   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service