What are comparables?
Homes of similar size, condition, age, and style that recently sold in a certain neighborhood. Evaluating comparable homes and their prices can help determine the fair market value for a home.
Comparables are examined by buyers, sellers, and real estate agents in a comparative market analysis (CMA) to establish a price range for a home based on current market activity. Comparables are also used by appraisers to determine the fair market value of a home during an appraisal.
A quality comparable is most similar to the home in question in terms of:
- Last sale price
- Number of bedrooms & baths
- Age & style of home
- Condition of home
- Lot size & condition
- Views & waterfront access
Contact Us
1455 W 16th Street, Yuma Arizona.
Call: 928-726-7325
Email: [email protected]
Office hours:
Monday to Thursday 8:30-5:30
Friday 8:30-5:00
Closed for lunch 12:00-1:00
Have Questions? Call Us Today @ 928 726-REAL (7325)
Contact Us
1455 W 16th Street, Yuma Arizona
Call: 928-726-7325
Email: [email protected]
Office hours:
Monday to Thursday 8:30-5:30
Friday 8:30-5:00
Closed for lunch 12:00-1:00
Powered by My Rental Superstore, DB