21 Jun '11, 1pm

Valuing Green—Appraisals to Include Environmental Features - BuildingGreen.com

What's Happening from Environmental Building News Valuing Green—Appraisals to Include Environmental Features By Paula Melton New courses from the Appraisal Institute should help green buildings show their true worth in the marketplace. Environmental features can add considerable value to a building. But in real estate, a higher perceived value often fails to translate into a higher appraised value, complicating financial transactions and limiting incentives for owners to invest in green. The Appraisal Institute (AI), the most prominent U.S. membership organization of appraisers, aims to change that; appraisers who complete an AI program covering valuation of environmental features in both residential and commercial buildings will receive a certificate in Valuation of Sustainable Buildings. AI expects the nationwide program to increase dramatically the number of appraisers ...

Full article: http://www.buildinggreen.com/auth/article.cfm/2011/6/17/V...

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