Prefer to talk in person? Find a mortgage specialist on Zillow
Profile picture for bhouston1

Is This Appraisal in Error (Part 1)?

An appraisal includes five comparables with the following adjusted prices per square foot: $103, $102, $74, $100, $102.  The $74 comparable appears to be an outlier relative to the four comparables hovering just above $100.  Outlier notwithstanding, the appraisal came in at $89 per square foot.  From a weighting standpoint, this result weights the approx. $100 comparables at about 14 percent each and weights the $74 comparable at about 46 percent! (See Part 2.)
  • June 19 2010 - San Antonio
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.