Find Your Local Green Real Estate Appraisers.

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

Find Your Local Green Real Estate Appraisers.

The Appraisal Institute (AI) is a global association of real estate appraisers that promotes the professionalism, education, ethics, standards and methodologies of real property appraisals.

They have created a separate designation for license appraisers who specialize in the valuation of sustainable properties called “Valuation of Sustainable Buildings”. The program is done with the US Green Building Council (USGBC) and covers the whole building from:

  • Insulation           
  • Building Envelope         
  • Water Efficiency
  • Windows
  • Appliances
  • HVAC
  • Indoor Air Quality
  • Energy Rating
  • Walking Score
  • Public Transportation
  • Site Orientation
  • Solar
  • Landscaping

 

To find your local licensed Professional Green Appraiser click here.

To get a copy of the AI Residential Green and Energy Efficient Addendum Form click here.

 

 The benefits of a Green/Energy Efficient Appraisal is that you get a local professional who specializes this area. They recognize the additional value it adds to the house, realize the monthly savings in utilities and maintenance and thus can apply those values back into the appraisal of the home.

 

In California they did a survey of Green homes sold and these homes over a period of time average a 9% increase in sales price compared to same size homes in the area.

Energy Efficient Mortgages are another benefit of Green Homes were the program lets borrowers finance the cost of energy efficient improvement into their new mortgages because of the cost savings that the efficient energy improvements create. The result in an EEM is it helps you finance Energy Improvement and/or increases your buying power.

 

David Popoff is a license Connecticut Real Estate Broker specializing in Sustainability in lower Fairfield County, Connecticut.

 

DMK Property Management llc a locally owned company serving lower Fairfield County, Connecticut.

Specializing in Residential Property Management that can custom tailor a program to fit the homeowners needs be it short term or long term from rental management to full estate management.

Cell 203-228-0646

E-mail DavidPopoffCT@hotmail.com

 

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

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Re-Blogged By Re-Blogged At
Topic:
Real Estate Industry
Location:
Connecticut Fairfield County Wilton
Groups:
Realtors®
ECO ALL-STARS & GREENIES
Appraisers
Going Green!
Connecticut Professionals
Tags:
energy efficient home appraiser

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Ambassador
3,014,688
Debbie Reynolds
Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

David, It is great to know that appraisers are becoming specialized and trained to recognize and evealuate Green features. We know they cost lots more therefore it is time they get their due rewards.

Nov 13, 2013 01:56 AM #1
Rainmaker
2,044,383
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I was not aware that such a thing existed, but who would need to get an appraisal for anything so specific? I can't see any lender asking for anything like that, but maybe I'm wrong.

Nov 13, 2013 03:10 AM #2
Rainmaker
753,064
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Joe, loan institutes should know the value and return on these energy efficient green homes. If my house cost $500 to heat for a season instead of a same size non energy efficient home costing $2000 to heat then I should be credited that, as well green features improve the value of the home.

Here is a link to Energy Efficient Mortgage's, EEM.

http://www.energystar.gov/index.cfm?c=mortgages.energy_efficient_mortgages

 

Nov 13, 2013 03:35 AM #3
Rainmaker
1,150,870
Wayne and Jean Marie Zuhl
Hallmark Realtors - Clark, NJ
The Last Names You'll Ever Need in Real Estate

David,

What are the benefits of a "green appraiser"?  Just curious.

 

Thanks!

Nov 13, 2013 07:49 AM #4
Rainer
145,393
Andrew Payne Realtor® Richmond VA Homes For Sale~804-938-5257~
Virginia Capital Realty - Capitol, VA
Richmond, VA, Real Estate, SRES®, NAR Green

This is very good information to share, David.  Not all appraisers have the same qualifications or experience.  I'll need to find some Green Appraisers in my area!

Nov 13, 2013 12:14 PM #5
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi David.  Very few qualified appraisers.  One in Ct and none in Mass or RI.

Nov 13, 2013 07:33 PM #6
Rainmaker
753,064
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

The benefits of a Green/Energy Efficient Appraisal is that you get a local professional who specializes this area. They recognize the additional value it adds to the house, realize the monthly savings in utilities and maintenance and thus can apply those values back into the appraisal of the home.

In California they did a survey of Green homes sold and these homes over a period of time average a 9% increase in sales price compared to same size homes in the area.

 

Energy Efficient Mortgages are another benefit of Green Homes were the program lets borrowers finance the cost of energy efficient improvement into their new mortgages because of the cost savings that the efficient energy improvements create. The result in an EEM is it helps you finance Energy Improvement and/or increases your buying power.

Nov 13, 2013 09:47 PM #7
Rainmaker
57,320
Kim Mulligan
Cooper Jacobs Real Estate - Seattle, WA
Selling Homes for the 21st Century

Hi David,

Thank you for mentioning this. Many agents don't know that an appraiser with green experience can be requested. As the seller's agent I request the homeowner, but more likely builder to fill out the Appraiser Green Addendum. This will aid the appraiser in applying the highest value to the green features of the home. I have enlightened appraisers with this form as well as articles supporting the increased value and lower operating costs of these certified buildings. Luckily here in Seattle, there are many on the market and it's getting easier to find appraisers with this kind of knowledge.

Aug 09, 2014 10:03 AM #8
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Rainmaker
753,064

David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct
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