DOE Spurs Progress on Green Building Valuations

The resulting education programs and building performance databases will help appraisers recognize and evaluate sustainability features within their own local real estate markets using existing valuation standards. Energy efficiency lowers operating costs and affects the income potential of a given commercial property both directly and indirectly, but the appraisal industry has been slow to develop and standardize valuation tools that take this and other sustainability features into account.

For more information on appraising green buildings, see “Valuing Green: Appraisals to Include Environmental Features,“ EBN June 2011.