Energy savvy appraisal
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Require energy efficiency training for city appraisers. local jurisdictions can require that appraisals they commission fully account for energy costs in.
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Factoring energy efficiency into the commercial appraisal process rewards the owners of energy-efficient buildings with higher property values and makes it easier to finance efficiency improvements to buildings. Energy Savvy Appraisal Commercial Energy Policy Toolkit – Fact Sheet for Local Governments Factoring Energy Efficiency into Appraisals Many people are surprised to discover that the energy performance of a property has not traditionally factored into its valuation. Energy costs are the single largest operating expense for many commercial buildings. High-performance buildings reduce expenses for owners and occupants and provide a more comfortable place to live and work, which can increase their asset value. Enabling the accurate valuation of energy performance in buildings by appraisers rewards the owners of energy-efficient buildings, encourages new investments in energy-efficient building technologies and operating practices, and corrects a longstanding ”blind spot” in propert...
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