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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

NOVEMBER 6, 2020

The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount.

Appraisal 148
Appraisal Market Value Real Estate Sellers 148
article thumbnail

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

NOVEMBER 6, 2020

Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. We have all seen how the national economy affects property values. But what could be the cause of the lower than anticipated value?

Appraisal 78
Appraisal Market Value Sellers Real Estate 78
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