Assessment of the green building education needs of North Carolina real estate appraisers
(Book - Regular Print)

ProQuest Document ID : 974964568

Advisor : Pramod Parajuli

Dissertation (Ph.D.) -- Prescott College, 2011

The construction industry has experienced little growth since the beginning of the 2008 recession. Despite this phenomenon, green building remains in the forefront as a growing sector within the industry. There are, however, many barriers to the success and widespread adoption of high performance green building practices. This study focused on the real estate appraisal industry's role in determining the value of properties with green features. The study sample included appraisers from regions within North Carolina that have the largest numbers of certified commercial and residential green buildings. The central hypothesis predicted that, regardless of the number of certified green buildings or properties with green building features within the study areas, appraisers lack the experience and knowledge needed in order to provide an accurate appraisal of these properties. The research methods used for this study included surveys, interviews, case studies, and an extensive international literature review. In addition, industry experts throughout the United States were interviewed. The study generated a green building education gap analysis of real estate appraisers in addition to identification of the primary methods currently being used in the valuation of properties with green features. The results of this research will be utilized by green building workforce development providers and for the creation of green building continuing education and regional certification programs for real estate appraisers and other building professionals.