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If you are selling it on your own, I found they are valuable to have. I got an appraisal on a foreclosure after it was finished that I sold. I listed on Zillow. I shared the appraisal with the interested buyers and told them what a real estate commission 7% would be and that I would give them 3% off the appraisal if they bought direct. I ended up selling it this way. The new appraisal for the loan came back $500 higher. It was a win win for both and I sold the house very quickly this way. You can use zillow comps and have the same strategy, however, an appraisal done within 30 days for $395 turned out to be a good investment as it added immediate credibility to the value.
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