The need for making energy efficiency simple and affordable.

1. When Improvements Appraise &
When They Don’t

2.  Presenters Philip Beere-(When it works) Preparing a draft of new
home improvements and latest technologies, excluding green focus.
Will provide case studies, include statistical analysis and theories to
show how and why particular home improvements were successful in
contributing to value. Developing draft in a couple of weeks or
sooner. Don Saba-(When it doesn’t work) Discussing case studies; will
educate appraisers on over improvements (functional obsolescence)
and/or super adequacy. Will also discuss theories to show how and why
the particular home improvements were not successful in contributing
to value. Will get started once draft is received from Philip
Beere. Thomas Kenney – Collaborating with Philip Beere to discuss
home improvements and latest technologies, possibly from an
organizational standpoint. Webinar Time 2hrs
 · Case Studies-When it works 45 minutes
 · Case Studies-When it doesn't work 45 minutes
 · Q&A 30 minutes

3. Today's Objectives
 2 Case Studies: When Improvements Pay (Philip Beere)
 Case Study: Lipstick vs. Rehab (neighboring houses)
 feat Jay Josephs
 Typical Improvements of each Case Study
 3 Case Studies: When Improvements Don’t Pay (Don Saba)
 Innovative yet practical and economical home imrovements
(Thomas and Philip)

4. G Street introduction:
 Brand
 Marketing
 Design
 Educator
 Higher Appraisals
 Simplifies the process
 NAHB Partner of the Year
 Not Realtor or Contractor

5. LEED + NAHB =
The need for making ‘green’ simple
and improved, therefore the G

8. $4500

9. MARKET CRASHES IN PHOENIX: APRIL 2008

13. The first Emerald certified in the
U.S.
Purchase 89k
Sold for 240k
20 days on market

14. G
2006
LEED
Design
2009
NAHB
2009
IECC

15. 3 CASE STUDIES
When improvements payG HOME™
Philip Beere

16. 8101 N 6th Street
Acquisition Price 74k
Acquisition per square foot
Improvement Cost 65k
Contract Price 184k
Appraised Price 184k
Neighboring Homes average value 95k
Price per square foot
Financing

19. 8101 N 6th St, Phoenix
NAHB Emerald Certified

20. 101 N 6th St, Phoenix, AZ
old on 7/5/12:$380,000
stimate®: $259,619

22. 5225 N 83rd Place
Acquisition Price 74k
Acquisition per square foot
Improvement Cost 65k
Contract Price 184k
Appraised Price 184k
Neighboring Homes average value 95k
Price per square foot
Financing

24. 5225 N 83rd PL, Scottsdale
NAHB Bronze Certified

25. 5225 N 83rd, AZ
Sold on 8/23/12:$340,000
Estimate®: $278,619

27. 2219 W Indianola
Acquisition Price 74k
Acquisition per square foot
Improvement Cost 65k
Contract Price 184k
Appraised Price 184k
Neighboring Homes average value 95k
Price per square foot
Financing

31. 5225 N 83rd, AZ
Sold on 6/13/12:$184,000
Estimate®: $157,019

33. The AppraisalJay Josephs

34. Jay Joseph slides

35. Lip Stick vs. Rehab Comparison
(neighboring houses)
2206 2219
Acquisition Price 64k 74k
Acquisition per square
foot
Improvement Cost 30k 60k
Contract Price 124k 184k
Appraised Price 95k 184k
Neighboring Homes
average value
75k 75k
Price per square foot
Financing
Days on market 105 22

36. Lipstick case study

37. Photos of 2206

40. Improvements
Improvements Comparison
Improvement Typical Lipstick Case Studies
Paint ✓ ✓
Flooring ✓ ✓
Cabinets ✓ ✓
Windows ✓ ✓
Detailed Design Standards
(aesthetics)
✓
Curb Appeal - Landscape ✓
Improve and Measure Mechanical ✓
G Home™ (branded and certified) ✓
Green certified as verified by NAHB
Research Center
✓
Homeowner education ✓
Financing
Days on market 104 22

41. THE TYPICAL
G HOME™

42. Priced:
150k – 390k

43. Improvement Strategy
 Design and Aesthetics #1
 Pre and Post Measure, Energy and Water
 Third party verified and certified, NAHB
 HERS Index, or REM/Rate used
 Educate Investor, Real Estate Professional, Home Buyer,
and Appraiser

44. 3 CASE STUDIES
When improvements do not pay
Don Saba

45. The latest…
in home improvemnets
Philip Beere &
Thomas Kenney

46. News articles and statistis slides

47. Design

51. Energy effieciency and education
= comfort and health

55. Supporting material

59. G STREET™ Education

61. Remodel Workshop and
Energy Efficiency
Design
Partners

62. Remodel Workshop:
Special Session examples
 Monthly Series
 Spotlight a remodel strategy:
 HVAC: Incentives and rebates
 Landscape Design
 Interiors and Materials made easy
 Marketing for eco-flippers
 Working with the Appraiser
 Energy Efficiency mortgages
 Hear from Appraisers of the G Home™

71. Thank you
philip@gstreetinc.com

72. Next step?