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Energy Efficient and High Performance Home Appraisal

Saturday, September 24, 2016

by Steve Sutter

The Appraisal Institute has recently released a Green and Energy Efficient addendum which standardizes a method by which Appraisers can add third party verified and certified energy improvements to the value of the home being appraised.  The unfortunate truth however is that most Appraisers have no idea how it works or what steps to take to arrive at a proper evaluation. The addendum can be found at https://www.appraisalinstitute.org/assets/1/7/AI_820_04-Residential_Green_and_Energy_Effecient_Addendum.pdf while an explanation of the Who What and Why of this addendum can be found at http://homeenergypros.lbl.gov/profiles/blogs/three-wwws-to-completing-the-appraisal-institute-s-residential.