Posts From September, 2019

The Ultimate In High Performance

This award winner is just one example of the lessons builders will learn at this year's EEBA Summit.
The Ultimate In High Performance
This is the sixth year that EEBA will be hosting the DOE's Housing Innovation Awards at its annual Summit. The awards recognize builders who have pushed the envelope on the Path to Zero Energy Ready homes by showcasing projects that offer lessons for others builders. As such, the awards perfectly support EEBA's mission of educating the industry on how to design, build and sell high-performance homes. An example of what attendees will see this year is a winner in the Large Custom Home category, a 4-bedroom, 4691 square foot zero energy home in Hampton, Virginia on a beach overlooking the Chesapeake Bay. It was built by Health-E Community Enterprises and in many ways represents the ultimate in high-performance: super-efficient, healthy, resilient and handicap accessible. But while the home was obviously designed for a well-heeled custom buyer, builder Jay Epstein used design approaches and materials choices that he says apply to more mainstream projects. In fact, he offers similar ... read more
 

Solving the Appraisal Problem

Appraisers will be better able to value high-performance homes when more builders start documenting those homes' features
Solving the Appraisal Problem
by Sandra K. Adomatis Fannie Mae and Freddie MAC are in the process of revising the Uniform Residential Appraisal Report (form 1004). Although the draft has yet to be made public, I believe that it will provide a path for more accurately describing and valuing energy efficiency and green features. The recognition by the mortgage industry that buyers are seeking green features—especially features that lower their monthly energy bills— is a step in the right direction. It should improve the appraised values of these properties as well. But while better appraisal forms will help, they're useless if the appraiser and real estate agent aren’t provided with the home's high performance details. The appraiser can't value green features unless those features are documented, and that's the builder's job. The fact that few builders provide adequate documentation is costing everyone. I've seen many high performance homes that were valued the same as similar homes built to a lower... read more