Ugh, why does it always feel like appraisers are playing some kind of guessing game? When we bought our place, the appraisal totally ignored our updated kitchen appliances and the new deck we built. Like, did they even step outside? We ended up disputing it too, and the second guy was way more thorough—actually asked questions and took notes. Makes me wonder how often people just accept the first appraisal and keep paying PMI longer than they need to...
"Makes me wonder how often people just accept the first appraisal and keep paying PMI longer than they need to..."
Yeah, appraisals can feel like a total crapshoot sometimes. Had a similar situation last year when we refinanced. The first appraiser barely glanced around—he was in and out in less than 15 minutes. Didn't even notice we'd redone both bathrooms and replaced all the flooring downstairs. When the appraisal came back way lower than expected, I knew something was off.
We disputed it, and thankfully, the second appraiser was night-and-day different. He actually took his time, asked about recent improvements, and even pointed out things we hadn't considered could boost value (like our landscaping upgrades). Ended up coming in significantly higher—enough to finally drop PMI altogether.
Honestly though, I think most people probably just accept whatever number they're given because disputing feels like a hassle. And lenders don't exactly go out of their way to remind you that you have options... But it's definitely worth pushing back if you think your home's value is being underestimated. Could save you a decent chunk of money each month.
One thing I've learned from working with clients is that appraisers vary wildly in thoroughness and attention to detail. They're human too—some are meticulous, others just rush through jobs to get on to the next one. It's frustrating when you're on the receiving end of a rushed appraisal, but at least now you know firsthand that challenging it can pay off.
Glad yours worked out after disputing it—sounds like your new deck should've been an obvious plus from the start!
