RVC 005- Why did my house appraise for exactly what I paid?

In this episode, Blaine Feyen, from the Real Value Group, discusses a very common misunderstanding in the Real Estate and appraisal world: why homes often appraise right at, or really close to, the sale price of a home purchase transaction.

Listen in as Blaine discusses what makes up ‘market value’, how appraisals are developed, and finally solves the age old mystery that has been talked about in hushed circles for decades.

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