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What's a Green Home Worth? Financing a BrightBuilt Home, Part III

You have your team together, and now it’s time to go to bat. So it’s important to know the rules of the game. This boils down to one document: the appraisal. In evaluating a green home, the appraisal process aims to acknowledge the long-term value of your home. When the value is appropriately recognized by the appraiser, lenders will grant a higher sum to finance a green home’s construction, acknowledging that the long-term safety net of predictable (or no) monthly costs is far superior to that of the average home. Assigning value, though, is complicated by the fact that not all high-performance homes are equal and that few of them exist for setting the standards in this data-driven numbers game.

December 30, 2020