A comparative market analysis is a method that Realtors use to find an accurate price for your home. It’s a massive amount of research, and each Realtor does it a little bit differently.
Most often your property is compared to a group of similar properties that have sold in the last 3-6 months, properties that are still on the market, and pending properties.
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A CMA will place an accurate and attractive price on your property
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There are other factors that have to be accounted for, like the number of bedrooms, the number of bathrooms, your garage space, the square footage in your home, and the size of your lot. Location is important too. If you live next to a highway or train tracks, your home will obviously not be valued as highly.
If you’d like to have a CMA performed for your property, please don’t hesitate to contact us! It’s a surefire way to price your home accurately and put your best foot forward during a real estate sale.
