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TOPIC: appraisal and market value
#199
Joelle74 (User)
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appraisal and market value 9 Months, 1 Week ago Karma: 0  
I recently had my house appraised and I was suprised it was much lower than the market value is for my area. Which do I use to set my asking price?
 
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#201
Barbara_Reaume (Admin)
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Re:appraisal and market value 9 Months, 1 Week ago Karma: 0  
I suggest setting your price about 5-10% above market value in your area. Ignore the value the appraiser set for now: it's surprising how different appraisal values can be depending on who does the appraisal and who hired them. It's best to start knowing the general market value, in case you need to come down in your asking price. Or you may be lucky and hook just the right buyer willing to pay most of your initial asking price.
 
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