As the market has become more aware of energy efficiency and green buildings, the importance of providing real estate appraisers with necessary information to thoroughly analyze the effects of energy performance on property value has increased as well. There are several areas of opportunity that can be addressed through education and awareness, including understanding how and to what extent energy efficiency affects the bottom line; enhancing the availability and credibility of supporting information; and positioning appraisers to recognize potential market reactions to energy performance.
The ultimate aim of this guide is to increase credibility and reliability of property valuation by helping appraisers and other interested parties to understand, find, and rigorously apply available information on energy performance in buildings.
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