why my home value is less than my immediate neighbours, when our homes are exactly the same ?

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May 24 2009
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Answers (1)

Profile picture for julie78787
Many factors go into determining home value, including the appraiser themselves.

Unless your house is completely and totally, exactly the same (and few builders will build two identical homes immediately adjacent to each other), there can be significant differences based on interior and exterior decoration, maintenance, remodels, and even the original choice of colors.

Ask your real estate agent for advice.  It could be that the other house is appraised too high, or that there are cosmetic changes your could make to improve your appraisal.
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