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Owners Get Real About Home Values

National Association of REALTORS | REALTOR Mag

The gap between homeowners’ and appraisers’ perceptions on the value of properties is continuing to close. Homeowners, in general, still tend to slightly overestimate the price of their home, but not by nearly as much as they did a year ago. …As of Dec. 2017, the appraiser value vs. homeowner perception of value in Seattle is +2.20%. Seattle is ranked 5th on the list of 27 metropolitan areas according to largest positive value (note: a positive value represents appraiser opinions that are higher than homeowner perceptions).

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