Appraisals: Identifying the Value of High Performance

3:00 PM - 4:00 PM
Las Vegas Convention Center, South 221

Format: Building Knowledge Session
Level of Content: Intermediate
Track: High Performance & Energy Efficient Building
Continuing Education: NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s), AIA - 1.00 LU hour(s)
Appropriate for: Single Family - All

Speaker(s): 
Sandy Adomatis, LEED Green Associate, Adomatis Appraisal Service, Punta Gorda, FL
M. Lance Coyle, MAI, SRA, Appraisal Institute, Chicago, IL

What It’s About:
What's high performance worth? This session will focus on the valuation of high performance residential properties and the differences between a high performance home and a standard code-built home. The Residential Green and Energy Efficient Addendum will be explained, including how it can be used by appraisers, builders and home owners. Appraiser selection and competency will also be addressed.

What You'll Learn:
Explore the role of lenders in appraiser selection, including evaluation of competency and builder's choice of lenders.
Explore successes achieved in changing the high performance conversation with the help of the Appraisal Institute's Residential Green and Energy Efficiency Addendum.
Recognize the difference between a truly high performance property and a property with energy efficient products or features, and how this impacts the value of the property.
Analyze how the value of a property is impacted based on the incorporation green products and/or features versus a high performance property.