01 Nov '11, 12pm

A Senate Bill That Values Energy Efficiency- HERS rating and appraisal help- #avlgb

It’s a little early to start high-fiving, but there are at least a couple of signs that longstanding approaches to mortgage underwriting and property appraisals might eventually begin factoring energy performance into valuations. One source of change in that direction is an addendum to the standard Fannie Mae Form 1004 used for residential appraisals. Issued by the Appraisal Institute , the addendum lists items that would be eligible for consideration within the appraised value of a property, including insulation systems (their type, location, and R-value); water efficiency systems; daylighting features; appliance performance ratings; average utility costs; energy audit data; photovoltaic systems; LEED for Homes and National Green Building Standard certifications and scores; and government incentives that may have been applied to the purchase or installation of the propert...

Full article: http://www.greenbuildingadvisor.com/blogs/dept/green-buil...

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