Spark Global Limited Reports:
Over the past decade, energy efficiency and sustainability have risen in the public consciousness, and green housing has gone mainstream in many markets. As people continue to build and renovate to more environmentally friendly standards, there is a growing demand for “green” values, which presents opportunities for real estate appraisers. Here are a few of the most important benefits of evaluating green homes.
Green houses are becoming more and more popular
The penetration rate of green housing has steadily increased year by year. The U.S. Green Building Council reported a 19% increase in the number of LEED certified homes in the U.S. between 2017 and 2019. According to ENERGY PULSE®, a consumer ENERGY study and survey that looks at attitudes toward ENERGY consumption and conservation, 86 percent of Americans would choose one home over another based on ENERGY efficiency.
In addition, green technologies and building practices are sure to become widespread in the coming years as local governments and advisory boards place more emphasis on sustainable and environmentally friendly building practices.
Therefore, it stands to reason that in the near future, all evaluators will need at least some understanding of the characteristics of green housing. Once green housing becomes more common across the country, those who are ahead of the curve and start learning about green home evaluation will be in high demand.
2. Green home appraisers offer a unique set of skills
The complexity of many green homes, and their increasing popularity in recent years, has increased the need for assessors with skills and experience that non-assessors and automated tools do not have.
The need for green home appraisers to be able to demonstrate a deep understanding of green principles and characteristics, keep abreast of new policy developments and technology trends, and a range of other variables in green home appraisers makes green home appraisers highly desirable.
3. The job of a green home appraiser is both exciting and challenging
If you’re looking for something to make your job fun, a green house appraisal might be a good option. Not only can you evaluate complex homes, but you can also learn more about the latest green technologies and buildings, and learn more about savvy homeowners and their motivations to “go green.”
Want to learn more about the benefits of evaluating green homes? Want to improve your skills in this lucrative field? Sign up for the McKissock Certified Green Home Assessment (CGHA) Program – includes your unlimited Learning membership.