IDEAS home Printed from https://ideas.repec.org/a/taf/rsrexx/v2y2010i1p221-248.html
   My bibliography  Save this article

Integrating Sustainability and Green Building into the Appraisal Process

Author

Listed:
  • Timothy Runde
  • Stacey Thoyre

Abstract

Sustainability's key concepts and impacts on real estate valuation have been largely sidestepped to date. Sustainability and green building require the appraiser to recognize the influence of a new market force (sustainability) and understand a new set of property characteristics (green features). These elements are market-specific and change rapidly. This article discusses sustainability and its relevance in real estate valuation. In addition, green building criteria are offered so that green features can be analyzed. The concept of sustainability and the relative "greenness" of a property are then brought together into a three-step Sustainability Valuation Model that can be used to guide the appraiser in valuing real property—green and brown—now and as market conditions with respect to sustainability change.

Suggested Citation

  • Timothy Runde & Stacey Thoyre, 2010. "Integrating Sustainability and Green Building into the Appraisal Process," Journal of Sustainable Real Estate, Taylor & Francis Journals, vol. 2(1), pages 221-248, January.
    • Handle: RePEc:taf:rsrexx:v:2:y:2010:i:1:p:221-248
    DOI: 10.1080/10835547.2010.12091795
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2010.12091795
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2010.12091795?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rsrexx:v:2:y:2010:i:1:p:221-248. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rsre20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.