Appraisal Institute’s Green Multiple Listing Service Tool Kit

November 23rd, 2010 - Posted by RESNET under Energy Efficiency, Hot Topics, RESNET Notes - November 2010

green resource council In order for high energy performance homes to be mainstream in the nation’s housing market, it is essential that appraisers value the energy efficiency in the home’s appraisal.  In the past this has been a difficult task because the difficulty that appraisers had finding comparables to assign a market value to the high performing home.  A key is to have the local Multiple Listing Service (MLS) identify a home on the market’s energy performance.  Appraisers rely upon the MLS to locate comparable market data.

MLS is already in Alaska, Florida, Vermont and Washington have taken the leadership in including information on the home being sold energy performance.  The Appraisal Institute is trying to make this a national trend.  The institute has launched a resource that will help real estate appraisers provide more reliable valuations on homes with energy efficient features. The Green Multiple Listing Services Tool Kit provides guidance for enhancing MLS data, to empower appraisers to make well-supported comparisons, analyses and adjustments.

To download the Green MLS Tool Kit, click on

The Appraisal Institute also recently published a book, An Introduction to Green Homes, to help appraisers estimate values for popular “green” home features. It provides an overview of the programs, organizations, and products fueling the current surge in environmentally responsible building and remodeling.

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