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I’m refinancing my coop in Cobble Hill, and just got my appraisal. Although it is high enough to allow refinancing, I was still shocked at how low the evaluation and wonder if I should bother protesting. I have a floor of a brownstone, 875 sq ft, 2 bdrms, 1 bath, lots of original detail, working fireplace, renovated kitchen and bath includng granite counters, excellent condition, and the appraisal was for $485,000. Even in this market, a 2 bedrooms in Cobble Hilll are being advertised at $600,000 and up. The evaluation is still much higher than I paid 10 years ago, but I worry that if I suddenly needed to sell this appraisal could affect price. Is it worth the effort to complain, or should I take the refi (at excellent rate) and run?