Green Residential Appraisals in the United States Context: Challenges and Opportunities

Evan Mills

Journal of Sustainable Real Estate, 2016, vol. 8, issue 1, 120-144

Abstract: Rigorous consideration of green and high-performance attributes is rarely included in the residential property valuation process. Drawing upon the literature and interviews of property valuation professionals, in this I identify key barriers to scale-up of this emerging practice and opportunities for overcoming them. Key categories of opportunities include elevating the competency of appraisers, developing better information resources, improving benchmarking and rating tools, better characterizing and managing performance risk, integrating disaster resilience and sustainability considerations, mitigating the problem of additional time/cost for performing assignments, enhancing demand for improved appraisals, and engaging a greater diversity of market participants.

Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10835547.2016.12091881 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rsrexx:v:8:y:2016:i:1:p:120-144

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rsre20

DOI: 10.1080/10835547.2016.12091881

Access Statistics for this article

Journal of Sustainable Real Estate is currently edited by Julia Freybote

More articles in Journal of Sustainable Real Estate from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().