low appraisal Boise

Buyer and agent at coffee shop reviewing appraisal showing $10K gap between $525K purchase price and appraised value. Documents display options including renegotiation, covering gap, or canceling. Market data shows 15% of Boise transactions still experiencing gaps. Buyer checking savings on phone.

Are Appraisal Gaps Still Happening in Boise Area?

Appraisal gaps haven’t disappeared in the Treasure Valley—but they’ve evolved. The appraisal gap Boise Idaho buyers feared during the frenzy of 2020–2022 is less common today; however, it still shows up in competitive pockets like Eagle and select Boise neighborhoods. Today’s market is more balanced. Even so, when multiple offers push prices upward, appraisals can still lag behind. That’s...

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