This two-day course introduces participants to a broad range of valuation problems encountered when appraising green commercial buildings, conventional buildings with green features, and conventional buildings in today’s markets that are increasingly influenced by sustainability and green building. Based on the Appraisal Institute’s new publication, The Valuation of Green Commercial Real Estate, participants will use real-world case study examples from a variety of property types to learn and apply credible valuation techniques for analyzing and reporting the degree to which green building and sustainability affect property value.
Structured around the application of the three approaches to value, participants will develop valuable insight and hands-on experience applying cost and income-based adjustments when sales data is lacking, identifying and analyzing rent and marketability premiums, evaluating operating cost impacts, and assessing risk effects. In addition, participants will learn how green building and sustainability affect scope of work development and highest and best use analysis for both green and conventional properties. The course also familiarizes participants with emerging topics such as net zero energy, distributed generation, wellness-based design and resilience.
Upon completion of the course, participants should be able to:
Schedule:Class Hours will be 8:30 AM - 5:00 PM each day. There will be a one-hour exam on the 2nd day from 4 PM - 5 PM. You will be on your own for a one-hour lunch break. There is a restaurant on property.
FREAB Approval: 14 hours CE credit #0009769;
Appraisal Institute: 150 Points (Attend Only) or 200 Points (Attend and Pass Exam)
Student Material: Students will receive the materials at the door. Note: If you register less than seven days prior to class, you may need to download the course materials and bring to class. If you choose the download option when you registered at the discounted price, you MUST bring the student materials with you to class. A hard copy workbook will NOT be available to you at class.
Student Rosters: Students that do not wish to have their name, address, phone number and email address published to other students in the class must notify the Chapter at least five (5) days prior to the beginning of the course.
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