Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

60
Posts
12
Votes
Andrew Bissada
  • Investor
  • Austin, TX
12
Votes |
60
Posts

Parcel Search - How accurate is appraised value?

Andrew Bissada
  • Investor
  • Austin, TX
Posted

I watched Brandon's video "How I quickly analyze a rental property for cash flow"

Towards the end he mentions using the county's parcel search to get an idea on the appraisal value of a property (to see if you can realistically offer lower than asking price).

I tried this out to see how it works, on a property on zillow listed for $275,000

The appraisal value from county parcel search was $241,848.

That is a 33,000 difference. How accurate might this be? And how likely would it be that I could offer a price like that to purchase?

I don't necessarily want this exact property, but I want to be able to use this process when I find properties I do really want.

Loading replies...