<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:x="urn:schemas-microsoft-com:office:excel" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 12 (filtered medium)"><!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
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</o:shapelayout></xml><![endif]--></head><body lang=EN-CA link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Identifying a project as ‘green’ has the potential of lowering appraisal values if a significant portion of the proposed construction is risk associated or unproven technology. That said appraisals are based on local sales of comparable housing (meaning footage/appearance/amenities). If the project is in an area where comparable green housing exists (?) then that can be a factor – otherwise not. People that have needed an appraised value to secure a mortgage have faced the reality of cutting back on intangible green amenities. It seems to be changing though. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>USGBC has some initiatives developed with the appraisal institute. I think this includes some upgraded forms that appraisers can use to identify energy features. Locally we have the Vancouver accord <a href="http://vancouveraccord.org/">http://vancouveraccord.org/</a> and the site has some links to various appraisal associations that may be worth contacting. I’ve not seen significant improved valuation on larger scale residential but then that market has little room for improvement in any sense.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>I feel that green initiatives are either WET (wealthy environmental titillation) or DRY (do it with the resources you have). Difference being that ‘true value’ is irrelevant or it is something that can be achieved at comparable cost – though increased design expense.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0cm 0cm 0cm'><p class=MsoNormal><b><span lang=EN-US style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span lang=EN-US style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> Greenbuilding [mailto:greenbuilding-bounces@lists.bioenergylists.org] <b>On Behalf Of </b>Jason Holstine<br><b>Sent:</b> March-05-13 6:51 PM<br><b>To:</b> healthyhomebuilding@yahoogroups.com; Greenbuilding Listserv<br><b>Subject:</b> [Greenbuilding] Appraisers for true green home value<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif"'>Anybody have any leads, contacts, directories or associations who can help find an appraiser that can look past simple comps to put a true value on a deep green home and/or proposed new construction?<br><br>Thanks,<br><br><br></span><b><span style='font-size:9.0pt;font-family:"Verdana","sans-serif"'>Jason Holstine<br></span></b><span style='font-size:7.0pt;font-family:"Verdana","sans-serif"'><img border=0 width=135 height=51 id="_x0000_i1025" src="cid:image001.gif@01CE19D8.AFD84660"><br>Amicus Green Building Center<br>“Sustain Your Space”<br>Member - USGBC, GreenAmerica, NARI, NAHB<br>e: <a href="jason@amicusgreen.com">jason@amicusgreen.com</a><br>w: <a href="http://www.amicusgreen.com">www.amicusgreen.com</a><br>p: 301-571-8590<br>tf: 866-587-9140<br>f: 301-571-8597</span><o:p></o:p></p></div></body></html>