Needing some help deciding on this one:

Assuming you own a home, where would the appraisal value of your home go in a personal balance sheet?
a. under liabilities
b. within the equity total
c. under assets
d. under both equity and liabilities sections

*Note: I think more than one answer could be true based on my reading, because they discuss how equity is what the house is worth, minus the loan owed. They talk about how liability is the amount owed, while asset would be the house as a whole. But my problem is I don't understand which of these it's asking for. The appraisal value would be the total amount the house is worth. So wouldn't that be just asset? I can't help but think they are trying to trick me, and I'm overthinking.