The appraiser will determine the current market value based on recent sales prices for similar houses in the area. (homebuyinginstitute.com)
You can get an appraisal done on your house, where your home is inspected, and the sales of similar houses in your area are compared. (money.stackexchange.com)
This over three times the average $ 200,000 being spent on similar house raises. (ballotpedia.org)