The word "over-appraised" refers to a situation when something is evaluated or assessed with an excessively high value. There are numerous synonyms that can be used to express the same meaning, such as overvalued, overestimated, inflated, exaggerated, overrated, overpriced, overhyped, and hyped-up. All these words indicate a situation where something is assigned a value that is higher than its actual worth, whether it's an object, a product, a service, or an individual. Over-appraising can result in misguided decisions, flawed judgments, and financial losses. Therefore, it is essential to ensure a realistic and accurate appraisal to avoid such situations.