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Old 11-13-2019, 09:06 AM   #10
Lzen Lzen is offline
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Join Date: Feb 2001
Location: Jan Quadrant Vincent 16
Quote:
Originally Posted by TribalElder View Post
This

just check zillow.com

what you think its worth doesnt matter. what the sellers appraiser thinks its worth will determine how much money a buyer can borrow
Yes, zillow is useful but it is not perfect. And my point was that I did a refi 5 years ago. There was an appraisal done then. They used comps for that appraisal then as well as doing a thorough inspection of the home. Since then, the home has gotten some things fixed and/or upgraded. So why wouldn't the home be more valuable than even that appraisal? But my agent gave me a suggestion on a price to list it which is about 7% lower than that appraisal. It just doesn't make sense to me. But like Rod said, my home is more unique and it's a little difficult to find a home that is similar. It's old and back in those days they didn't do cookie cutter houses.
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