Valuing Green: Will A Green Home Mean A Better Appraisal?
The true financial value of a green home has been a debate within the appraisal community for quite some time. Why would a seemingly positive home enhancement become a topic with such opposing view points? The answer is simple, while green home improvements may mean that the home owner is content, they don't always translate to a higher value in the appraisal process. There are, however, people working tirelessly to change that. We've covered this topic before when a client came to us asking about property enchantments with a green twist. Now, a study has found that homes with green labels