I would say with the limited information provided, the most logical answer is that there were two different people or companies providing the two appraisal. Appraising houses isn't much of a science, it is likely two people could disagree.
It Depends on the Trends of real estate Sector, if the trend is going down then your appraised propety maight get down as well. Real estate valuation is based in part on "comparative sales"--how much another house in your neighborhood sold for recently. If someone bought a house in your neighborhood for $165,000 recently and the home was similar to yours, they'll assume your home is also worth $165,000.
You did not specify if the valuation was done by an appraiser or a Real Estate broker? Although values have dropped by a substantial amount in many areas it is unlikely that values have dropped by such a large amount in that short period of time.
If you get it real cheap ;yes, it is worth the gamble. mine has 165000 i got it back in 02' what is there asking price
220000
One fifth of 220000 is 220000 divided by 5 = 44000
5.9% of 220,000= 5.9% * 220000= 0.059 * 220000= 12,980
It is: 2.2*105
16486.3636
220000 km = 136,701.7 miles.
4/220000 x 100 = 0.0018 recurring (that is, 0.00181818...) percent.
220000 (100/15)* 33000 = 220000
2619, remainder 4
220000
220000