Sustainable property appraisals – Getting the most green from your investment
Abstract: Sustainable and energy-efficient commercial properties continue to be trendy, but not every so-called “green” investment will necessarily pay off for owners and developers. The Appraisal Institute has published an optional form that provides some helpful clues about the green components that qualified appraisers are most likely to consider when valuing a property. This article reviews this form and helps real estate professionals understand how they can operate these types of properties to maximize value. A sidebar emphasizes that environmental and energy-efficient features should no longer be considered just a fad.