Measuring the worth of green buildings is hard to do.
It’s hard to compare one building to another when it comes to the value of its sustainable features. But appraisers hope to get help figuring the monetary worth of green buildings.
If you want to compute the extra value that the LEED gold 200 Market Place building possesses because of its myriad sustainable features by comparing it to the similarly sized, but uncertified, Umpqua Bank Plaza . . . .
You typically can’t, said Theddi Wright Chappell, a managing director for Cushman & Wakefield in Seattle and one of the few green appraisal experts in the United States.
There’s little understanding, among appraisers, regarding the monetary worth of buildings’ sustainable features.
Read the full article in the Daily Journal of Commerce.