Nawar Naji October 18, 2022 Toronto Homes What If Appraisal Value Is Lower Than Purchase Price!! Nawar Naji October 18, 2022 Toronto Homes Let's look at 2 market conditions: If the appraisal value is lower than purchase price in a sellers market where the buyer is competing against other offers and if the appraisal value is lower than purchase price in a buyers market.