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What's Happening from Environmental Building News
May 1, 2007
Appraising Green in Vancouver
Efforts to include green building features in a project are often hampered by a lack of support from lenders, particularly due to poor understanding of how to appraise those features. The Vancouver Valuation Accord, a memorandum signed in March 2007 at the Vancouver Valuation Summit in Vancouver, B.C., may bring change to green building by integrating environmental awareness into the standards governing real estate appraisal (called property valuation in the U.K. and Canada)....
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