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: 281

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.  Home Energy Pros is sponsored by the Better Buildings Residential Network.

Latest Activity

Rick Karg replied to Carly@AirCycler's discussion The (Small) Cost of Ventilation Without Recovery
"As a member of the ASHRAE 62.2 committee (and president of Residential Energy Dynamics, the author…"
Friday
Bradford E. White replied to Elizabeth Guinn's discussion ERV in need of backflow preventer.
"I would use an in-line backdraft damper such as Artis Industries or the ones made by Fantech and…"
Thursday
Kim Tanner posted a video

Wireless Air Leakage Testing

This webinar will discuss the use of WiFi technology to conduct and document blower door and duct leakage tests for compliance with local energy codes. The s...
Thursday
Profile IconPerry Grossman, Daniel Pate and Ottawa Furnace Filters joined Home Energy Pros
Thursday
Kirsten Richnavsky added a discussion to the group Building Performance Institute (BPI)
Thumbnail

Breaking the link between unhealthy homes and unhealthy kids

Listen in on IAQ Radio to a discussion on reducing the household triggers that cause asthmaattacks…See More
Thursday
Kirsten Richnavsky posted a discussion

Breaking the link between unhealthy homes and unhealthy kids

Listen in on IAQ Radio to a discussion on reducing the household triggers that cause asthmaattacks…See More
Thursday
Kim Tanner posted events
Thursday
Ottawa Furnace Filters posted a blog post

Some Useful Information about Furnace Air Filters

There is not much we can do about the air pollution outside of a house in Ottawa, Canada, but we…See More
Thursday

© 2015   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service