Appraisals & Valuation

The Appraisal & Valuation team is working with the Appraisal Foundation to develop practical guidelines and professional resources for appraisers evaluating efficient buildings. This effort is an outgrowth of the 2011 Memorandum of Understanding between the DOE and the Appraisal Foundation.

Contact us to join the Appraisal & Valuation team or for additional information.

Tools & Resources

Energy Efficiency & Financial Performance: A Review of Studies in the Market
The Department of Energy has summarized existing evidence of the impact of Green Labels on building financial performance in the accompanying document. The summary includes a review of existing evidence of Green Labels’ impacts on revenue increases, cost savings and corresponding asset value, and identifies gaps in existing research. View the list of studies here.

IMT Green Building and Property Value Primer
The Retail Green Lease Primer is a two-page document that helps guide retailers and retail owners to improving the efficiency of their facilities. The goal of the document is to educate real estate and leasing agents on the specific retail lease provisions necessary for achieving reductions in energy, waste, and water use—and cost. When it comes to investing in technologies and processes that promote more efficient and sustainable facilities, owners and retail tenants often don't know how to start the conversation. This resource aims to solve this problem by presenting the 13 most important lease topics in a clear and simple format.

Energy Star Financial Evaluation Tools
Tools include the Financial Value Calculator, the Cash Flow Opportunity Calculator, and the Building Upgrade Value Calculator

The Economics of Green Building
Published in The Review of Economics and Statistics, 2013.
By Piet Eichholtz, Nils Kok, and John M. Quigley.

Doing Well by Doing Good? Green Office Buildings
Published in The Review of Economics and Statistics, 2010.
By Piet Eichholtz, Nils Kok, and John M. Quigley.

Building Performance Database (BPD)
A support platform to evaluate the benefits and risks of energy efficiency projects and make informed decisions on investing in these improvements

Increasing Property Value with Energy Saving Practices: Hines Retrofit Case Study
Hines partnered with the Department of Energy (DOE) to develop and implement solutions to retrofit existing buildings to reduce energy consumption by at least 30% versus requirements set by Standard 90.1-2004 of the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE), the American National Standards Institute (ANSI), and the Illuminating Engineering Society of North America (IESNA) as part of DOE’s Commercial Building Partnerships (CBP) Program.