New Guide Helps Appraisers Factor for Efficiency
IMT, Appraisal Institute Collaborate on Updated Guide, Which Explains the Effects of Energy Performance on Property Value
IMT, Appraisal Institute Collaborate on Updated Guide, Which Explains the Effects of Energy Performance on Property Value
In most buildings, energy consumption has significant influence on financial performance. Energy-efficient buildings can create significantly greater net income for owners than otherwise similar buildings that are not so efficient. However, energy efficiency is invisible, and therefore hard for real-estate stakeholders to track—and easy to overlook. Now that wide segments of the market are demanding … Continued
This report shows how a new kind of energy policy is creating skilled, export-proof jobs in cities across the United States. Under this type of policy, called building energy rating and disclosure, owners of large buildings track exactly how much energy their properties use. Armed with this information, they can make changes that reduce their … Continued
Major U.S. cities and states, including New York City, San Francisco, the District of Columbia, and California, now require building owners and operators to comparatively rate the energy performance of their buildings and disclose building energy-performance indicators to the marketplace. Existing policies are projected to impact more than 4 billion square feet of floor space … Continued
China has been adding close to 20 billion square feet of new buildings each year, making it the largest market for new construction in the world. Though the enforcement of China’s building energy codes has been widely viewed as fraught with challenges, China has seemingly achieved unusual progress in improving its compliance rate at both … Continued
IMT recently released several brochures explaining how the International Energy Conservation Code (IECC) applies to additions, alterations, renovations, and repairs to buildings. Both commercial and residential buildings are covered, as are special focus areas: Commercial Lighting, Residential HVAC, and Residential Insulation & Air Leakage. We encourage builders and building officials to download and share them.
The BPIE has released a new report on how EU member states can meet the requirement that all new construction be nearly zero-energy by 2020.
IMT’s code compliance experts recently completed five case studies that reveal low-cost strategies for local governments to improve energy efficiency in residential and commercial buildings in their jurisdictions. The case studies were performed in several states throughout the U.S. and cover a wide range of effective strategies that were successfully implemented. See below to download … Continued
Within the past five years, two states and five major cities have passed building energy rating (or benchmarking) and disclosure policies that will affect some of the nation’s largest metropolitan real estate markets, including New York City, Los Angeles, Washington, DC, and Seattle. The energy performance of several billion square feet of floor space in … Continued
A comprehensive review of U.S. building energy rating and disclosure policies.