comps also come from the same area and the same, recent time period. For example, if you’re trying to compare a two-bedroom, one-bathroom house, your comps would include other two-bed, one-bath houses in your neighborhood that have sold over the past several months. They might also in...
In real estate, comps are similar homes in your area that have sold relatively recently- that is the most straightforward definition. The more the comparable properties share in common with the seller’s house, the better. Real estate agents refer to these as “sold comps.” Comparables are p...
What I really like is that you also get a listing of actual houses that sold recently in the area, with all the stats like address, sale date, square footage, bedrooms, year built, and of course price. And you can keep getting updates every month for free. That way, you can do your...