When looking for comparables outside the home’s location, you must adjust for location. For example, if the subject property is in a more desirable city or town, the houses in other towns must be adjusted to reflect the subject property’s superior location. Comps in real estate can get ...
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 include properties that are currently on the ...
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...