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: 1016

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

Featured Forum Discussions

Glass Block Windows

Started by Ken Kalke in Best Practices. Last reply by Sean Lintow Sr on Saturday. 1 Reply

What's the Most Profitable HVAC Job for Your Company?

Started by Wayne Melancon in HVAC. Last reply by Ken Kalke on Friday. 1 Reply

Lighting replacement - 300 watt LED flood light

Started by Mary Sinkler in General Forum. Last reply by Eric Kjelshus on Friday. 1 Reply

EZ Green Home is Hiring!

Started by Chloe Chapman in General Forum Jan 5. 0 Replies

Videos

  • Add Videos
  • View All

Latest Activity

Ira Eisenstein replied to tedkidd's discussion Home Performance is Failing - let's turn that around?
"I have been a home inspector since 2003 and evolved into energy related issues and became a home…"
1 hour ago
Ira Eisenstein liked tedkidd's discussion Home Performance is Failing - let's turn that around?
1 hour ago
Bruce Fillmore joined Diane Chojnowski's group
Thumbnail

Home Energy Pros on Twitter

We've created a twitter list of members of Home Energy Pros who tweet about home performance and…See More
2 hours ago
Bruce Fillmore posted photos
3 hours ago
Profile IconMark Freeman and Bruce Fillmore joined Home Energy Pros
20 hours ago
Sean Lintow Sr replied to Ken Kalke's discussion Glass Block Windows
"Well as most I know (if not all) wont meet the energy code - none and for those that do opt…"
Saturday
Steve Gadsby posted a photo
Friday
Steve Gadsby commented on Perry Ning's blog post Warnings About Portable Air Conditioners
"We couldn't agree more about the problems caused by portable air conditioners. Here at Canada…"
Friday

Home Energy Pros

Welcome to Home Energy Pros – the unique digital community by and for those who work in the home energy performance arena.

Home Energy Pros was founded by the developers of Home Energy Saver Pro (supported 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. Please honor our Guidelines

© 2017   Created by Lawrence Berkeley National Laboratory.   Powered by

Badges  |  Report an Issue  |  Terms of Service