Why would you need a GREEN Appraiser???? Is it really that special??
ABSOLUTELY! If you want assurance that a home's value reflects the unique and energy-saving features inherent in green construction, you need an appraiser experienced in evaluating it. An appraiser who is unfamiliar with these features can easily overlook
(and undervalue) things like recirculation systems, tankless water heaters, energy-efficient windows, etc. In general, green built means better built, and therefore, greater value.
The National Association of Home Builders has published
Model Green Home Building Guidelines, which identifies methods for various stages of construction and levels of certification. In addition, the Environmental Protection Agency (EPA) has developed
EnergyStar rating procedures to evaluate the energy efficiency of a home. These guidelines help consumers verify that the homes they are purchasing meet basic criteria. A green appraiser can identify and properly value these improvements and upgrades
over standard construction.
Builders are anxious to have appraisals which reflect their efforts; consumers are eager to ensure that those special features actually exist in the homes they are buying. A Green Appraiser provides assurance to both!
Over the next few weeks, I am going to lay out the basics of the Model Guidelines. Stay tuned!