What is Considered in a Comparative Market Analysis of a Property?
A Comparative Market Analysis (CMA) considers and compares several facts relevant to a specific property:
- Age of the building
- Builder’s name
- Lot-land size
- Known specs
- Condition of the house
A Market Analysis of your home will take into consideration others recently Sold properties and actual for sale houses around yours to compare and validate a market value.
Needed repairs or damages will reduce it’s market value.
Updating or remodeling will typically increase it’s value.
Request a complimentary Market Analysis below