4 Resources for Understanding the Green Home Market for Appraisers
If you’re keen on appraising green homes and aspire to become a specialist in this emerging niche, it’s crucial to comprehend the significance of green homes in both the local and global real estate markets. To acquire the technical know-how, you must delve into architectural, marketing, and building articles, along with technical papers on green homes. Here are four suggested resources for understanding the green home market.
U.S. Green Building Council
The U.S. Green Building Council (USGBC) is committed to transforming how buildings are designed, constructed, and operated through LEED, the world’s most widely-used green building system with more than 100,000 buildings participating today. You can find info on the LEED rating system, search their online directory, and find helpful articles at USGBC.org.
Green Building Registry
The Green Building Registry® (GBR) is a user-friendly online platform that offers home performance information to homeowners, real estate agents, lenders, and appraisers throughout the United States. You can effortlessly find data on home energy labels, solar installations, and green building certifications by simply entering the property address, neighborhood, city, county, or zip code. The filters on the GBR platform enable appraisers to narrow down the results for easy home comparison. Additionally, many of the homes listed on the platform feature the Appraisal Institute’s Residential Green and Energy Efficient Addendum. You can seamlessly integrate the GBR data into your MLS for added convenience.
Database of State Incentives for Renewables & Efficiency
DSIRE® is an online database that provides comprehensive information on renewable energy and energy efficiency policies and incentives in the United States. It is in operation by NC Clean Energy Technology Center at North Carolina State University and the U.S. Department of Energy. This resource is an excellent tool for gaining insights into the green home market. Here, you can access a list of current green policies and incentives available for both homes and businesses.
Residential Energy Services Network
RESNET is an independent non-profit organization that creates national standards for energy-efficiency rating and certification systems in the United States. It is a helpful resource for builders, consumers, utility programs, and appraisers. The RESNET National Registry enables individuals to access information on HERS-rated homes by property address through its online database.
