 appraisals aren't done based on what you pay for it appraisals are done based on what other properties in the area sold that are similar that's how appraisals are done unless unless everyone in the neighborhood sold for 150 000 less exactly it's not going to happen exactly and so no i mean let's say you bought the house at a foreclosure or something at a bargain does that make it worth less no it's still worth what it's worth you just got a deal