Finally! The Appraisal Institute has release guidelines for including EE and Solar at time of sale. This includes green rating systems as well. This has long been a missing link in the value chain as energy efficiency improvements were simply not in the data that drove appraisers numbers, so they did not have any factual way to factor in the value of energy savings, and how that relates to the value of a home.
This has meant that often homes with green features would appraise out at similar levels to homes that performed much worse... meaning people might not be able to qualify for larger loans to cover the value of EE or RE improvements.
The simple form below, is a huge leap forward!
This has meant that often homes with green features would appraise out at similar levels to homes that performed much worse... meaning people might not be able to qualify for larger loans to cover the value of EE or RE improvements.
The simple form below, is a huge leap forward!
| ai_82003_reslgreenenergyeffaddendum.pdf |
RSS Feed