Comparative Market Analysis:
Your FREE Guide to Intelligent Pricing
A comparative market analysis (also known as a CMA) is a useful tool to determine the value* of your home given the most current market conditions. It's a great starting point for setting a realistic sales price.
By evaluating recent months' sales results of comparable homes in the same and surrounding neighborhoods, you get a more complete and objective view of your property's market value. We compare factors such as bedroom/bathroom availability, square footage, property condition, lot size, and special amenities. I also include 'competitive' properties in your report — current listings in your local area with their prices and amenities.
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*Note: A CMA is not a formal appraisal of value, but merely a guide to pricing. If an appraisal is desired, the services of a competent professional licensed appraiser should be obtained.
Ron Ares, Broker