What to Do When Your Phoenix Home Appraisal Is Low

By Monique Walker

Monique Walker has 21 years of experience successfully buying and selling homes in the Phoenix market. She knows the neighborhoods, schools, and the local economy. Monique and her team do all the leg work, keeping you up-to-date with new listings and conditions as they impact the market.

Getting excited about selling your home or making an offer, only to see the appraisal come in low, can be stressful. You might wonder: “Is my home worth less than I thought?”

The truth is, appraisals are based on data, not emotions, and sometimes that data doesn’t reflect the features you love most. Here’s how appraisers actually determine value.

The factors that affect appraisal numbers. Appraisers focus on measurable factors like square footage, the condition of your home, and recent sales of similar properties. That incredible view or the brand-new light fixtures you just installed might not add much value if key structural elements, like supporting columns, aren’t strong or up to code.

This means that you need to know the numbers and be prepared for the appraisal results.

If your appraisal comes in low, it doesn’t mean all hope is lost. Sometimes a low appraisal can be an opportunity to renegotiate the price or adjust the terms of your sale. Staying calm and informed is the best approach.

Working with an experienced agent helps. An agent who knows the process can explain the numbers, guide you through your options, and help you make smart decisions.

That’s why at the Monique Walker Team, we take the time to walk you through your appraisal, explain your options, and outline your next steps. With thoughtful guidance, you can handle a low appraisal calmly and make decisions that work best for you.

If you’re facing a low appraisal, we’ve got you covered. Call us today at (602) 413-8195 or email Monique@MoniqueSells.com, and we’ll help you figure out the best next steps.