{"id":374,"date":"2018-02-13T02:58:19","date_gmt":"2018-02-13T02:58:19","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=374"},"modified":"2023-11-28T19:59:21","modified_gmt":"2023-11-28T19:59:21","slug":"appraised-value","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/appraised-value\/","title":{"rendered":"Appraised Value"},"content":{"rendered":"

Appraised Value Definition<\/h2>\n

Appraised value is value given to a property by a certified and licensed real estate appraiser.<\/p>\n

Explanation<\/h2>\n

This value<\/a> is usually established by using surrounding comparables<\/a> and similar properties in a certain area and mile radius which have sold during a recent time.<\/p>\n

Appraisals are deemed the final certified amount a property is worth and used by banks, insurance companies, and brokers<\/a> to determine a suitable price point.<\/p>\n

Appraisals<\/a> could always be disputed but rarely do they get adjusted unless there are good comparables given when disputed.<\/p>\n

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