The amount a person will receive from a reverse mortgage depends to a large extent on the appraised value of the home by the licensed appraiser. The appraised value of a home for tax purposes will typically be less, so the appraiser will consider the sale price of similar homes in the area according to property records and then modify the price depending on the specific features, amenities, location, size, views of the home. If the home has an attached swimming pool, landscaped garden, high tech security system, the appraised value for reverse mortgage will be higher .