As you know the site has been out for some time and this has been the first and only internet publication to write a blurb in GAPScore's favor. We really love it. And we'd like to see more!
Jennifer and Jason LeFleur - GAPScore 49.2 Lt. Green |
Green appraisals and GAPScore
The appraisal industry is not particularly well known for its rapid movement toward adding green valuation to their methods and materials. But Jason played an early role in the development of a new Appraisal Institute effort: the Valuation of Sustainable Buildings Professional Development Program. The program currently has two courses, Introduction to Green Buildings: Principles and Concepts and Case Studies in Appraising Residential Green Building. There are also some online education offerings such as Valuation of Green Residential Properties. Additionally, a recent The Appraisal Journal article, “Valuing High Performance Houses,” provides very specific methods for appraisers to employ to capture green value. (You can download this article from the Alliance for Environmental Sustainability’s Green Real Estate Toolkit.
The appraisal industry is not particularly well known for its rapid movement toward adding green valuation to their methods and materials. But Jason played an early role in the development of a new Appraisal Institute effort: the Valuation of Sustainable Buildings Professional Development Program. The program currently has two courses, Introduction to Green Buildings: Principles and Concepts and Case Studies in Appraising Residential Green Building. There are also some online education offerings such as Valuation of Green Residential Properties. Additionally, a recent The Appraisal Journal article, “Valuing High Performance Houses,” provides very specific methods for appraisers to employ to capture green value. (You can download this article from the Alliance for Environmental Sustainability’s Green Real Estate Toolkit.
Finally, a colleague of Jason’s, Steve Pohlman, has been hard at work developing GAPScore, the first green assessment test for existing single-family dwellings. “When I first got involved in green building, becoming a verifier for the National Green Building Certification program, I asked the question, ‘How green is my home?’” says Steve Pohlman. “And no one could tell me.” Jason La Fleur did a before-and-after GAPScore on Humphrey House, starting with a 29 (out of 100) and landing with a score of 49.2, making Jason’s home in the “light green” category — 46 to 70 — or “above average” (See Certification sidebar). “If GAPScore catches on and we get a critical mass of existing homes scored in different neighborhoods and markets, that can be pretty useful to home buyers AND appraisers, right?” Steve asks.
GAPScore is a novel and innovative approach to the green valuation issue for existing homes, and it will be interesting to see how it relates to rating programs for existing homes, such as LEED for Homes (gut rehabs), NGBS-rated projects, and the new DOE Home Energy Score program.
Our special thanks to Jason LeFleur and Peter Yost for spreading the word.
And nice job on the house, Jason.
What's your GAPScore today?
Appreciatively,
From all of us.
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