After submitting a Reconsideration of Value, many people wait anxiously for one outcome:
A higher value.
That leads to a very common question:
How often are appraisals revised after an ROV?
The honest answer is: not often.
But sometimes.
And understanding when and why matters a lot.
The Short Answer
Appraisals are not revised most of the time after an ROV.
That does not mean ROVs are pointless.
It means revisions only happen under specific conditions.
Knowing those conditions helps you avoid false expectations and make smarter decisions.
Why Appraisals Are Not Frequently Revised
Appraisers do not revise values lightly.
Once an appraisal is completed, the appraiser has already:
- Analyzed market data
- Selected comparable sales
- Applied adjustments
- Signed off on the report
Revising a value requires clear justification.
That is why most ROVs do not result in a change.
When Appraisals Are Revised After an ROV
Appraisals are most likely to be revised when:
- There are clear factual errors
- Important information was missed
- Square footage was incorrect
- Finished areas were misclassified
- Better comparable sales were available at the time
- Adjustments were clearly unsupported
In these cases, the appraiser may agree that the original value was affected.
What “Revised” Usually Means
When appraisals are revised, the change is usually:
- Modest, not dramatic
- Based on corrected data
- Supported by explanation
Large jumps in value are rare.
Most revisions involve:
- Small value increases
- Corrected descriptions
- Improved support
This is normal and expected.
Why Some ROVs Get Revised and Others Do Not
Two ROVs can raise similar issues and get very different outcomes.
The difference usually comes down to:
- How clearly the issues were identified
- Whether the evidence was relevant
- How well the request was organized
- Whether lender guidelines were followed
Strong issues presented poorly often fail.
Moderate issues presented well sometimes succeed.
Common Reasons Appraisers Decline to Revise Value
Appraisers often decline revisions when:
- The issues raised are opinion-based
- Evidence is weak or irrelevant
- Comparable sales are not truly comparable
- Sales were not available at the time
- The request argues price instead of facts
Even valid concerns can be dismissed if they are not supported correctly.
Why Partial Corrections Are More Common Than Value Changes
Even when values are not revised, appraisers often:
- Correct factual details
- Clarify explanations
- Improve report accuracy
These changes matter, even if the value stays the same.
The goal of an ROV is accuracy first, not a guaranteed increase.
Should You Submit an ROV If Revisions Are Rare?
Yes, when it makes sense.
An ROV is worth submitting when:
- You find real errors
- You have evidence
- Timing allows
- The value affects important decisions
Skipping an ROV without reviewing the appraisal can cost you options.
Why People Misjudge Their Chances
Many people believe:
- Every low appraisal should be revised
- Submitting more information helps
- Passion will persuade
Those assumptions lead to disappointment.
ROVs are technical, not emotional.
A Smarter Way to Think About ROV Success
Instead of asking:
- “Will the value go up?”
The better questions are:
- “Are there real errors?”
- “Is the evidence strong?”
- “Is the request structured correctly?”
Those factors determine whether a revision is realistic.
Want to Know If Your Appraisal Is a Good Candidate for Revision?
If you want to know:
- Whether your appraisal has issues worth raising
- How likely a revision really is
- What evidence matters most
- What mistakes reduce your chances
- What to do if the value does not change
The How to Fight a Low Appraisal AppraisalKey Toolkit walks you through that decision process step by step.
Instead of guessing, you get clarity.
Most appraisals are not revised after an ROV.
But some are.
Knowing how often appraisals are revised after an ROV, and why, helps you approach the process with realistic expectations and better strategy.