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Phrases with «sale comparables»

The phrase "sale comparables" refers to similar properties that have recently been sold in the same area. These properties are used as a reference point to determine the value of a property that is currently being evaluated or sold. By comparing the features and prices of these comparable properties, one can estimate the fair market value of the property in question. Full definition

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Sentences with «sale comparables»

  • Both appraisers developed cost and sales comparable approaches to value, but the appraiser who viewed the property as special - purpose put more weight into a cost - based conclusion, while the other put more weight on his sales - comparison approach. (nreionline.com)
  • Mohammed also uses the app to access recent sales comparables so she can make sure she walks into meetings with the most up - to - date information possible. (rismedia.com)
  • Thankfully, gone are the days of having to manually go through MLS listings to research properties and generate sales comparables thanks to technology bringing us new tools and capabilities that do more. (geowarehouseblog.ca)
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