Appraisal variations, what to do? Suggestions?

[Ricardo A Guerra]

To be brief, we tried to refinance a home in late October 2021. Our appraisal came back in line with market values in the area. For different reasons we could not lock in loan at that time. We are trying to refinance again with a different lender, who got a different appraisal. We just got back value and there is a 200k decrease in value from the appraisal completed in October 2021. The home has not been touched and the properties around us are still selling at market value.

Has anybody experienced or seen this large of a difference? What options are there if you have objective data to support a reconsideration of the value?