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Title: Energy considerations in real estate appraising

Technical Report ·
DOI:https://doi.org/10.2172/6541098· OSTI ID:6541098

Purposes of the seminar on the subject, the basis of this report, include the following: (1) to provide the appraiser an opportunity to learn how to identify and analyze the actual physical consumption of energy as well as the energy-saving improvements in properties under appraisal and in comparable sale and lease properties; (2) to help the appraiser in developing methods to keep meaningful records on the energy consumption of subject and comparable properties so as to observe in an orderly way the behavior of buyers, sellers, tenants, landlords, borrowers, and lenders with respect to energy efficiency; and (3) to assist the appraiser in learning to measure the relative sensitivities of the various segments of the market to energy considerations as indicated by differences in sale prices and rentals. To achieve these goals, the seminar employed two case studies, one for a angle-family residence and one for a multi-family building, both in Topeka, Kansas. The case studies are for illustrative purposes only; in applying the lessons of the seminar to their own daily work, students should be careful to develop information that is pertinent to their subject properties and subject areas and not rely on any of the particulars laid out in the cases.

Research Organization:
Society of Real Estate Appraisers, Chicago, IL (USA)
Sponsoring Organization:
USDOE
DOE Contract Number:
EM-78-G-01-5223
OSTI ID:
6541098
Report Number(s):
DOE/CS/15223-01
Country of Publication:
United States
Language:
English