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why is my house showing a value of 256,000 when it was just appraised at 337,000?

please answer by email....... mwger40@hotmail.com
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December 17 2008 - Port Orchard
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Dec 2008, 3 1/2 years ago.   I wonder if mwger40 has come back for answers?
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June 10 2012
A zestimate is a guesstimate.  They cannot take specific features of every house, so it is a very broad estiamte.  Even an appraisal is not the most accurate as its simply for bank use.  If you want the most accurate value of your home, have a local realtor do a CMA on your home.  Most will do it at no charge and they will have the most up to date information to give you the best estimate of your homes value.
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June 10 2012

If you are referring to 256,000 value.  What value is this? if this is a tax value, then that would alwAys be different than an appraised value for the porposes of refinancing.  Also, the value will be different depending on the purpose of the evaluation.

Hope this helps.

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June 08 2012
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If you're referring to a Zestimate, it's because 90% of them aren't close. it shows the value of my house much less than what it just appraised for too.
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December 17 2008
 
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