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Regular Contributor
So I'm checking on the value of my home........................"Decreased $40,400 from Oct. 14, 2015 – Nov. 15, 2015"......... That's your quote copied from USAA site on hoe valuation ............................................................................................................................. WHAT MAJOR DISASTER HAPPENED HERE IN CENTRAL FLORIDA THAT I SOMEHOW MISSED...................... to place that in perspective, on my waterfront home THAT'S AN 18.8% DROP IN Value........OVERNIGHT .............. Under the rules of engagement ...........namely, if i see something, say something I'm going to call USAA on it .............................. The 3rd parties USAA is trusting to get things correct are screwing things up........ BADLY

5 REPLIES

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I periodically check my value on the usaa website and its always way off. It's like zillow which you can't rely on for an accurate appraised price. Don't get your panties in a bunch over it.
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OK,,,,,,,,,,so if you're doing financial planning and USAA gives you a bogus number..........It's OK ??!!?? So if the replacement/rebuild $$ is withing a few percentage points of the valuation and Then USAA drops the valuation over 18% in one month........... How in the F___K can you plan ??? anything........... refinance, reverse mortgage PLAN ANYTHING ,,,,,,,,,, H=ll of a way to do business.......................... But that's what I've gotten from USAA in the past few years
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Hi noooooo,

Please be assured we are having a specialist look into why you are such a drastic decrease in your home value.

 

In case any other members are seeing an issue, there are a few things you can check. Does the tool list the correct number of rooms and square footage? If it does not reflect your homes current room count and size, most of the time it is because the county is reporting the incorrect information. You can get this corrected by contacting your local county tax office.

 

If the value just seems off, please keep in mind it is just an estimate value based on similar home sales in the market.The evaluation does not take into account special features or upgrades you might have completed. A full property appraisal report completed by a local appraiser who they would need to hire would be necessary.

 

Thank you.

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OK let's try this REBUILD COST NEVER CHANGED ....................In fact REBUILD COST was less than one percent different from Market Value ......................... Then my Market Value drops over 18% .....OVERNIGHT................................. I understand this is not Zillow, where up to double reality is standard but ...........over night 18% drop REALLY ??? ........ I have maintained your numbers reporting is bad but this confirms USAA's poor performance ......................once again
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nooooooo,

 

Thank you for reaching out to us in Community. I have passed this along to our insurance team for review. Thank you.