Resolved that NAHB urge the appraisal industry to develop guidelines for appraisals of residential properties that consider the energy savings and environmentally sensitive components associated with the value;
Also resolved that NAHB promote 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; and
Also resolved that NAHB urge the developers of appraisal cost manuals and software to include the cost data on green and energy features in their products.
Resolution originally adopted: 2008.2, Resolution No. 7
Committees with primary jurisdiction:
- Environmental Issues Committee
- Housing Finance Committee