CASE STUDIES IN APPRAISING GREEN RESIDENTIAL BUILDING

Course overview

A growing trend toward green building leaves many appraisers facing appraisal problems they are not equipped to handle. Appraisers whose focus is appraisals for federally related lending purposes such as Fannie Mae, Freddie Mac, and FHA/HUD are required to have requisite knowledge or competency prior to accepting an assignment. A residential house with green features may create difficulty to meet the competency requirement without seminars or courses that sufficiently cover what makes a house green and what the benefits are to the owner. Participants are encouraged to take advantage of the numerous resources available in this course and on the Appraisal Institute's website under Green Resources. The innovation of green building science is changing, and the market's view of green is growing. This requires appraisers to acquire sufficient background in this growing topic to produce a credible appraisal report.