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: 233

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

Hal Skinner replied to Kurt Shafer's discussion Where can I find the best radiant barrier to install under my roof?
"I just posted a statement and pictures of a home in Yuma AZ.  This is one I did 10 years…"
4 hours ago
Hal Skinner added a discussion to the group The RCC Classroom (Radiant Control Coatings)
4 hours ago
Tom Mallard replied to Kurt Shafer's discussion Where can I find the best radiant barrier to install under my roof?
"Anything done to raise the roofing off the sheathing works to reduce the high temperatures in the…"
6 hours ago
Michael Dunseith posted a photo

http://www.prattcenter.net/energy-champions-launch-party

Senator Kevin Parker poses with Pratt Center's Green Jobs Green New York Project Coordinator Elana…
13 hours ago
Michael Dunseith posted a status
13 hours ago
Rob Madden, Solar Home Broker posted a blog post

Phoenix 3rd Quarter Solar Resale Statistics Continue to Impress

Phoenix solar home sales were up during the third quarter of 2014, including the resale of homes…See More
yesterday
Everblue posted a status
"Green job alert! Energy Auditor in Baltimore, MD with Advanced Green Home Solutions. Check it out: http://bit.ly/1xhQuXO"
yesterday
Chris Clay replied to Isaiah Borel's discussion Blown Cellulose VS Blown Fiberglass in the Attic
"The Cold Climate Housing Research Center in Fairbanks, AK has alot of information about this…"
yesterday

© 2014   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service