Appraising Energy Efficient Homes

February 2, 2017 | Hermiston, OR

Overview
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Attend this free 7-hour CE training provided by Energy Trust of Oregon and Earth Advantage and gain a wealth of appraisal expertise, including principles and practices that distinguish energy efficient homes from traditional code constructed homes, methods for appraising these high-performance homes, and approaches to solar PV valuation.


Did you know the secondary mortgage market (Fannie, Freddie, and FHA) and recent Appraisal Foundation guidelines require "competency" in this topic area prior to accepting an assignment on an energy efficient home? Take this course and become one of few appraisers in your area that lenders can turn to who meet this standard!

Every year, more and more homes in the Northeastern Oregon area are being built to an energy efficient standard, EPSTM (Energy Performance Score) brought to you by Energy Trust of Oregon, as home builders recognize the many benefits that third-party verification provides. 

This course is intended to provide appraisers with the information and resources needed to make well-supported and accurate valuation decisions for high performance properties. It will provide an overview of the most current data available for the valuation of energy efficient homes, and then presents the cost approach as it applies to these properties. Participants will then perform an in-depth analysis of the sales comparison approach and other valuation techniques that can be applied to high performance homes. 


Learning Opportunities

  • Gain the data/tools needed to apply energy efficient adjustments to appraisal assignments using different approaches to value
  • Understand recent housing market forces and the latest valuation studies and how they affect appraisers
  • Learn how EPS homes are more energy efficient, healthier, more durable, and more comfortable than standard newly built code homes
  • Learn about appraisal addendums developed by Earth Advantage and Appraisal Institue and the different benefits/uses of each

Background

The Appraising Energy Efficient Homes course has been approved to provide 7 CEs for WA & OR appraisers and has been recommended as qualifying green home valuation education by the Appraisal Foundation and the Oregon Appraiser Certification & Licensure Board (ACLB). This 1-day course was developed by Taylor Watkins, a Subject Matter Expert (SME) on high performance home valuation committees with the Appraisal Foundation, and is derived from a comprehensive 3-day green home appraisal designation program provided by Earth Advantage, Accredited Green Appraiser (AGA). AGA is offered live across California, Maryland, Massachusetts, Virginia, Washington and Alabama, and in an online course format that applies to many more states. Visit the AGA course page and click the "Reviews" tab to view participant testimonials and course evaluation summaries. 

Questions? Please contact the EA Education at education@earthadvantage.org or (503) 968-7160 x60.

CEs & Cost
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FREE - RSVP below 
(Regularly $129*)
*Made possible in part by the support of Energy Trust of Oregon®

Audience
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Appraisers, Lenders

Instructor(s)
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Gary Kristensen: Gary F. Kristensen is the Owner and Chief Appraiser of A Quality Appraisal, LLC, has a top nationally ranked appraisal blog, sits on the board of directors for the Rose City NAIFA, is a Candidate for Designation with the Appraisal Institute, is an Accredited Green Appraiser (AGA), is a beta software tester for a la mode, Inc., and is a regular speaker for appraisal and real estate agent training. Gary’s principal interest and certifications are in the valuation of residential properties four units and less. He uses his experience in commercial appraisal to address complex problems in Portland area residential valuation with an open mind.

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