Why Appraisals Can Vary So Much — What Every Homeowner Should Know

Segment Teaser – Ever wonder why two appraisals on the same home can come back with very different values? In this episode of Go Gaddis Real Estate Radio, we’re breaking down the mystery behind appraisal variations—and what you can do about it. 📩 Listener Question: Jeanenne H. from DFW reached out with this concern: “I received a short appraisal and it’s very different from a previous one… how can that be?” Great question, Jeanenne—and you're not alone! Today, we’ll explore why appraised values can differ dramatically, even when looking at the same property. 🔍 Here’s What You’ll Learn: Why different appraisers use different comps (comparable sales) How adjustments for features (like upgrades, location within the neighborhood, or square footage) affect value Why subjective judgment plays a major role—especially for unique or customized homes What “highest and best use” means and how it impacts the valuation Why one appraisal isn’t always the final word—and how to contest or challenge a low appraisal if needed 📊 We also walk through a real-world example using Jeanenne’s appraisal report and attached floor plans (with her permission), to give you an inside look at how appraisers might come to very different conclusions. 💡 Get All the Upside At Modern Traditions Realty Group, we help you navigate situations like these with clarity and confidence. Whether it’s pre-listing pricing strategy, pre-appraisal analysis, or managing post-appraisal negotiations, we’ve got your back with programs like: The Upside – All your selling options in one place Rehab & Refresh – Boost your value before listing Zillow Showcase Listings – Stand out and sell faster 📢 Let’s Talk! Have a question like Jeanenne? Want to share your story? Visit GoGaddisRadio.com to: Submit a question or topic Suggest a neighborhood for our Spotlight Subscribe to the podcast and never miss an episode 🎧 Hosted by Cleve Gaddis, REALTOR® and lifelong Atlanta native, Go Gaddis Real Estate Radio helps you go from real estate novice to expert—so you buy or sell your home with total confidence and none of the regrets.