What Are Appraisals Supposed to Reflect?When an appraiser gives a valuation to a house is the valuation supposed to reflect what the house will sell for or something else? One reson I ask is because I just took my house off the market, I was asking $199,500. Zillow had my estimate at $205,000 before the big update and now it shows that it is $226,500. Both of these prices are higer than what I was asking for... but I never even got an offer on my house. If I hired an appraiser would/should the valuation reflect the current market conditions?January 10 2008 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe 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.