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-What is the difference between market value and appraised value?

The appraised value of a 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.


At Granite Bay Real Estate we sell real estate in Granite Bay, Folsom, El Dorado, Elk Grove, Orangevaile, Fair Oaks, Carmichael, Natomis, and Laguna Creek. Granite Bay Real Estate .com are the premiere real estate brokers in Northern California. When looking for the best in real estate agents, look no further than Granite Bay Real Estate .com, because they provide the best service at the best price.
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