Contact Information

Craig Summers
Cobb County Realty's Paulding & Polk Team
PO Box: 2523
Dallas, GA, 30132
Cell: 404 374 1620
Fax: 877 201 0627
market value vs. appraised value | Print |

What is the difference between market value and appraised value?

The appraised value of a Dallas Georgia Homes & Rockmart GA Homes house is a certified appraiser's opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process; fees range from $200 to $300.
Market value is what price the house will bring at a given point in time. A comparative market analysis is an informal estimate of market value, based on sales of comparable properties, performed by a real estate agent or broker. Either an appraisal or a comparative market analysis is the most accurate way to determine what your home is worth.


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Last Updated ( Tuesday, 29 July 2008 )
 

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