NAHB urges the appraisal industry to develop guidelines for appraisals of residential properties that consider the energy savings and environmentally sensitive components associated with the value.
Further, NAHB promotes appraisals of residential properties that are qualified under the “Model Green Home Building Guidelines” or the “National Green Building Standard” and similar programs of affiliated state and local associations that consider the full value and reduced operating costs of that program’s requirements.
Further, NAHB urges the developers of appraisal cost manuals and software to include the cost data on green and energy features in their products.
Resolution reaffirmed: 06/2012
Resolution originally adopted: 02/2008
Committee with primary jurisdiction: Housing Finance Committee
View text of above resolution.