RenoValue – A training tool kit for property valuation of energy efficiency and renewable energy issues

RenoValue is a 2-year project funded by the Intelligent Energy Europe Programme of the European Union. The project will develop a training toolkit for property valuation professionals on how to factor energy efficiency and renewable energy issues into valuation practices, understand the impact of building performance and property values and advise their clients accordingly.
Empirical studies consistently show that within several markets around the globe property pricing differs between buildings with “green features” and buildings without them.
Evidence shows that these features are translating into higher value in the form of:
increased rental rates
higher sale prices
increased occupancy rates
lower operating expenses
faster marketing-times
higher net operating income
lower capitalization rates
in case of commercial building, increased workers’ productivity