Gap Between Owner and Appraiser Opinions of Home Values Narrowed in 2017

Homeowners still don’t see eye-to-eye with those who appraise their homes. Appraiser’s valuations were 1.14 percent lower, in September, than what owner’s expected. This is not an unusual situation as most of the time, Home owners believe their property should bring more dollars. This is due to various factors such as emotional attachment and personnel choices.