To ensure that a home’s green and/or energy efficient features and equipment are taken into account during an appraisal, it is important to document the home’s energy efficiency features in a standard format. Existing homes may have higher energy efficiency or green standards than many others on the market because a current or previous owner has implemented a whole-house energy upgrade, or installed green or high-efficiency equipment and features. Homes like this typically perform better than homes built during the same period or earlier. There are several steps contractors can take to help the buyer assure a competent appraiser is selected.
Addressing building energy code compliance has proven to be a difficult task; one that becomes considerably more daunting when the subject is existing buildings. In the past year, BCAP has increased its focus on examining the challenges facing the implementation of the energy code in existing commercial buildings. The countless possibilities in existing building modifications underscore the impact that they can have on building energy performance.