Portland, Oregon (PRWEB) April 23, 2013
Earth Advantage (EA), a nonprofit focused on advancing the creation of better buildings has created a development stage cloud-based tool called Green Book Value.
Green Book Value is a tool that helps the market more accurately value the efficiency of a home. Homeowners, REALTORS® and appraisers currently lack a consistent, accessible and universally recognized way of evaluating the ‘green’ aspects of a home. Current cloud-based tools can provide homeowners with the market values based on property assessments and comparable sales. They can also tell homeowners the crime rates, school ratings and walkability of their neighborhoods, but no tool yet provides the value of a green remodeled or new certified home. Green Book Value is being developed to address that gap.
Recent studies have shown that high-performance homes sell faster and for more money than other homes. Green Book Value will combine market data, features and performance of a home, with our proprietary programming to produce an accurate value of a home’s sustainable attributes. Michael Atkins, technology solutions manager at EA and lead on Green Book Value development said, “Green Book Value is going to have a transformative effect on the market. By accurately valuing the green attributes of a home, we’re going to give homeowners a big incentive to make energy efficient upgrades. Our research indicates a great demand for this tool, and we’re excited for the opportunity to launch our first version.”
Green Book Value is a semi-finalist for the Silicon Valley Future Energy Pitch Event and a finalist for Oregon Entrepreneurs Network’s Angel Oregon. Green Book Value is wholly owned and created by Earth Advantage and is in the early stages of development. EA is in the process of raising an initial round of funding to launch the tool.
About Earth Advantage
Our mission is to accelerate the creation of better buildings. We use an innovation model that transforms our real-world experience into products and services that advance building performance. Earth Advantage certifies, researches, educates, and incubates to help realize a building industry that harmonizes with the natural environment.