If your home is unique compared with others in the neighborhood, for example, the choice of "comps," or comparable homes, would be a challenge to find. Your estimate may also be less accurate than if you live in a neighborhood where all the homes are similar. If there have been lots ...
Other homes in the neighborhood influence the value of your home as well. These are known as comparables or "comps". One way to initiate home comps is by looking at the prices of homes like yours that have recently sold to help determine your home’s potential value. For example, if you...
And as a side note as I was typing this review right before I hit submit I received a text from LINET telling me about comps in my neighborhood and why the offer was reduced. So they're clearly in the practice of making offers and then doing their homework and research after the fact...
There’s nothing worse than finding the perfect home only to discover that you hate the neighborhood. Trulia boasts 34 neighborhood map overlays that include crime statistics, schools, amenities, commutes, and more. With this house buying app, you can find a home you love that’s in the per...
5 ways to find real estate comps in your area See more 10 awesome real estate tips for home sellers See more Home Estimate Resources Redfin Estimate Home proceeds sale calculator Home affordability calculator Connect with a real estate agent ...
Comparables (Comps):Homes that are similar in size, style, and age to the home you are trying to sell. Your agent looks at these homes to help advise you on pricing your home. Comparative market analysis (CMA):An analysis that looks at comparable homes to determine how much a home is ...
Known as “comps,” they can provide a pretty good look at what’s going on in your neighborhood. Going this route does not always take into all the nuances required to come up with the most accurate value. A comparative market analysis (CMA) is not as detailed as an appraisal but ...
Free Market Analysis-where does your home fit in with the rest of the comps in your neighborhood? We’ll leave our comps with you to make your own comparison.Our Staged Homes are typically the highest sold comps in the neighborhood, and your neighbors will also thank you for raising their...
Literally, just type in your address and get a review including a sliding scale for market value as well as a list of neighborhood comps. Tracking Your Home’s Value We’ve watched home values go up most of our lifetimes. Rising home prices have a significant effect on our wealth, and ...
It can go up as your home appreciates in value, but it is typically lower than the amount the home could actually sell for. Appraised value Professional home appraisals consider various factors to determine a home’s value, including size, location, condition, upgrades and local comps (or ...