Edition 2020 Ninth edition


  Any significant recommendations in reports on technical building systems may  also be taken into account where relevant. 4.5.17


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4.5.16. 
Any significant recommendations in reports on technical building systems may 
also be taken into account where relevant.
4.5.17. 
The valuer may on occasion be instructed to advise the client on economic im-
provement of the property in the light of the EPC. Valuers should only do so if it is 
within their professional competence. If the valuer undertakes this task, her/his 
aim would be to use the analysis of the EPC and the actual circumstances of the 
property to help the client in forming a judgment on the possible approaches to 
the issues raised. Common key points in this may include:

The energy rating reported for the building (on a scale either from A to G or 0 
to 100);

The annual energy demand;

The cost of that annual energy use;

Comparison with current relevant standards;


European Valuation Standards 2020
IV. - EVIP 1: The Impact of the Energy Performance of Buildings Directive on Property Valuation
235

The condition of the technical systems in the building;

Energy efficiency improvement measures, including those recommended by 
the EPC, with their associated costs and returns; and

Any other value that may be achievable by a different rating if, according to any 
national rules, it makes it possible to sell or let a property more easily.
4.5.18. 
Valuers will take account of the rating and recommendations so far as relevant, 
reflecting market circumstances, in providing their opinion as to the value of the 
property on a recognised basis of valuation.
4.5.19. 
Looking ahead — While policies affecting property are currently relying on the EPC 
rating, it is possible that assessed carbon dioxide emissions (an environmental 
impact rating and already included in at least some EPCs) may come to be used 
more. Further ahead, attention may come to bear on energy use as assessed not 
only on theoretical energy consumption but over the life cycle of a building, in-
cluding the energy embedded in its construction and materials used, so tending to 
encourage refurbishment, rather than replacement, of existing buildings.



European Valuation Standards 2020
IV. - EVIP 2: Valuation and Other Issues for Recurrent Property Taxation
237

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