Black couple SUE real estate agency after their Bay Area home was valued at just $995,000 - but $1.42m when they removed all photos and asked a white friend to pose as its owner for viewing with second expert Paul Austin 45, and his wife Tenisha Tate Austin, 42, say they believe race was the reason their home in Marin City in the Bay Area was undervalued The couple bought their home in 2016 for around $890,000 but was valued at only $995,000 despite spending $400,000 on renovations When their white friend posed as the owner, it went up in value to $1,482,000 - almost $500,000 more Their friend even put photos in their home to make it appear that she lived there in a process dubbed 'whitewashing' https://www.dailymail.co.uk/news/ar...le-erased-home-value-went-nearly-500-000.html
Same real estate company or agent or inspector making BOTH estimates? That makes a big difference. We had 3 different agents give us 3 drastically different estimates on what our home was worth.