{"id":2314,"date":"2017-03-21T00:00:00","date_gmt":"2017-03-21T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/energy-efficiency-weighted-more-in-appraisals\/"},"modified":"2017-03-21T00:00:00","modified_gmt":"2017-03-21T00:00:00","slug":"energy-efficiency-weighted-more-in-appraisals","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/energy-efficiency-weighted-more-in-appraisals\/","title":{"rendered":"Energy Efficiency Weighted More in Appraisals"},"content":{"rendered":"

\n<\/p>\n

\n <\/p>\n
<\/p>\n

Energy<\/a> efficiency scores will soon be included on appraisal forms in a handful of states. Builders are applauding the change, saying that will help give more credit for energy-saving features.<\/p>\n

\n

Read more<\/strong>: Why the Word ‘Green’ Doesn’t Really Matter<\/span><\/p>\n<\/blockquote>\n

A collaboration between the Residential Energy Services Network and the Appraisal Institute is bringing HERS scores\u2014Home Energy Rating System\u2014on appraisal forms in a few states.<\/p>\n

The HERS Index is a numerical rating system that measures energy consumption compared to a standard house. The standard house has a score of 100. But a house that has a HERS index of 70, for example, would use 30 percent less energy. A home with a HERS index of 130, on the other hand, would consume 30 percent more energy. As such, the lower the HERS score, the lower the energy costs.<\/p>\n

\u201cOne of the largest barriers to the building and selling of high energy performance homes is that the value of energy upgrades is too often not reflected in the real estate<\/a> appraisal of a home,\u201d RESNET Executive Director Steve Baden told the Insulation Institute. \u201cMany of the features that make a home energy-efficient are hidden behind drywall and aren\u2019t obvious to home buyers. Our goal is to make information, such as the HERS score of a home, visible in the appraisal so that consumers have more facts available to make their decisions.\u201d<\/p>\n

The HERS score will be added to an existing green-building addendum that appraisers use.<\/p>\n

Source: \u201cA Move Toward More Helpful Appraisals,\u201d Greenbuildingadvisor.com (March 16, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

[ad_2]
\n
 link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Energy efficiency scores will soon be included on appraisal forms in a handful of states. Builders … Energy Efficiency Weighted More in Appraisals<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2315,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[981,1403,12908,543,127,617,41,818,84],"class_list":["post-2314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-a-house","tag-buy","tag-home","tag-home-buying-guide","tag-homes","tag-house","tag-property","tag-real","tag-real-estate"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7821,"url":"https:\/\/amazingproperty.com.ng\/blog\/owners-get-real-about-home-values\/","url_meta":{"origin":2314,"position":0},"title":"Owners Get Real About Home Values","author":"Amazing Property","date":"January 16, 2018","format":false,"excerpt":"The gap between homeowners\u2019 and appraisers\u2019 perceptions on the value of properties is continuing to close. Homeowners, in general, still tend to slightly overestimate the price of their home, but not by nearly as much as they did a year ago. Home appraisals were, on average, 0.5 percent lower than\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Quickenloans 1.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/QuickenLoans_1.png?fit=835%2C537&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/QuickenLoans_1.png?fit=835%2C537&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/QuickenLoans_1.png?fit=835%2C537&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/QuickenLoans_1.png?fit=835%2C537&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1274,"url":"https:\/\/amazingproperty.com.ng\/blog\/what-threatens-your-closings-the-most\/","url_meta":{"origin":2314,"position":1},"title":"What Threatens Your Closings the Most","author":"Amazing Property","date":"February 24, 2017","format":false,"excerpt":"[ad_1] The majority of contracts settle on time, but more than a quarter of practitioners are citing delays due to common culprits. Read more: Survey: Despite TRID, Closing Hiccups Persist In the latest REALTORS\u00ae Confidence Index report, 29 percent of real estate professionals say they faced a delay to settlement\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/2_24_settle.png?fit=397%2C216&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4062,"url":"https:\/\/amazingproperty.com.ng\/blog\/the-biggest-roadblocks-to-closing\/","url_meta":{"origin":2314,"position":2},"title":"The Biggest Roadblocks to Closing","author":"Amazing Property","date":"May 1, 2017","format":false,"excerpt":"Twenty-three percent of real estate professionals say they faced closing delays for a transaction in March, and 7 percent say the sale contract was terminated altogether, according to the REALTORS\u00ae Confidence Index, which is based on responses from more than 2,500 REALTORS\u00ae nationwide. Clients who had trouble obtaining financing was\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Contract%20delays_NAR.png?fit=1197%2C684&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Contract%20delays_NAR.png?fit=1197%2C684&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Contract%20delays_NAR.png?fit=1197%2C684&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Contract%20delays_NAR.png?fit=1197%2C684&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Contract%20delays_NAR.png?fit=1197%2C684&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5687,"url":"https:\/\/amazingproperty.com.ng\/blog\/owners-say-their-homes-are-worth-more\/","url_meta":{"origin":2314,"position":3},"title":"Owners Say Their Homes Are Worth More","author":"Amazing Property","date":"August 10, 2017","format":false,"excerpt":"Homeowners continue\u00a0to say that their homes are worth more than appraisers\u2019 opinions, according to the latest reading from Quicken Loans\u2019 National Home Price Perception Index. Consumers believed their properties to be worth 1.55 percent more than what appraisers said they were in July.\u00a0 That said, the gap is\u00a0narrowing between these\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"DN_QuickenLoans_index.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/DN_QuickenLoans_index.png?fit=640%2C663&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/DN_QuickenLoans_index.png?fit=640%2C663&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/DN_QuickenLoans_index.png?fit=640%2C663&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5501,"url":"https:\/\/amazingproperty.com.ng\/blog\/do-buyers-really-see-value-in-going-green\/","url_meta":{"origin":2314,"position":4},"title":"Do Buyers Really See Value in Going Green?","author":"Amazing Property","date":"July 27, 2017","format":false,"excerpt":"Even as Americans become more environmentally aware, it remains a challenge to convince home buyers that energy efficiency boosts the value of a home, housing and sustainability experts said Wednesday during the National Association of REALTORS\u00ae\u2019 2017 Sustainability Summit in Washington, D.C. Real estate professionals can demonstrate to buyers that\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/SustainabilitySummit.png?fit=400%2C303&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":707,"url":"https:\/\/amazingproperty.com.ng\/blog\/home-appraisal-how-it-works-and-how-sellers-can-improve-it\/","url_meta":{"origin":2314,"position":5},"title":"Home appraisal: how it works and how sellers can improve it","author":"Amazing Property","date":"August 8, 2022","format":false,"excerpt":"\u00a0 Home appraisal is less expensive than inspection it costs about $300 dollars on average. Home appraisal is the process aimed at determining the true market value of a house, so that the mortgage company or a bank receives the unbiased estimate of what the property the buyer is trying\u2026","rel":"","context":"In "Property owner"","block_context":{"text":"Property owner","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/property-owner\/"},"img":{"alt_text":"Home appraisal","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Home-appraisal.jpg?fit=900%2C588&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Home-appraisal.jpg?fit=900%2C588&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Home-appraisal.jpg?fit=900%2C588&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Home-appraisal.jpg?fit=900%2C588&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/MIIz9BPnb1Q","_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/2314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=2314"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/2314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/2315"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=2314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=2314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=2314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}