Sentences with phrase «comparable homes»

"Comparable homes" refers to properties that are similar to or alike in terms of features, location, size, and condition. It is used in real estate to make comparisons and determine the value of a specific property based on the prices and characteristics of these similar properties. Full definition
A comparative market analysis is a real estate broker's or agent's informal estimate of a home's market value, based on sales of comparable homes in a neighborhood.
Due to the unique features of luxury home the search for comparable home sales may have to extend to other areas who also have the same type of build and size luxury home.
The problem now is you missed a lot of the buyers the first round that bought comparable homes for the same price you have just reduced your home to.
Leading the list is help finding the right home, followed by help with negotiations, paperwork, and finding data on comparable homes.
I knew from my own research what comparable homes in my neighborhood had been selling for.
Your Realtor can provide detailed information with a market analysis of comparable homes sold recently in your area.
This means that they look at comparable homes in the same area that have sold recently.
Lenders will usually need at least one good recent comparable home sale in order to move forward on a loan.
In addition, we don't price any of our homes more than 5 % above other comparable homes on the market.
Sales prices of recently sold nearby comparable homes as well as asking prices of similar neighborhood homes now on the market should be included.
Figure out the current market rate in the area, using comparable homes as a model.
If comparable home sales or new listings show your price is too steep, consider a price reduction.
It used less than a fifth of the energy consumed by comparable homes.
They view comparable homes and other real estate for sale in order to help clients establish a competitive price.
Agents should always explore comparable homes that have sold in the last three to six months.
The study showed that the difference in price between comparable homes of size and location is currently at an average of 6 % this year.
The best way to analyze a property's value is to examine comparable home sales in the area.
Now, we have three comparable homes adjusted to be the same as our subject home, and now we get a sold price per square foot for each.
Your agent will create a market analysis to ensure that the list price matches comparable homes in the area that have recently sold.
But, it's always good to know what comparable homes in the area have recently sold for.
If home prices are falling, however, your house should be priced cheaper than comparable homes for sale, otherwise, it won't sell and you'll ride the market down.
The Realtor can look at comparable homes to determine a selling price.
Lenders will usually need at least one good recent comparable home sale in order to move forward on a loan.
Work with your agent to set a fair asking price based on comparable homes and county assessments.
The sales prices of comparable homes in the area are averaged to determine the assessed value of the property.
What have comparable homes sold for and what's still on the market?
Lenders will typically need at least one good recent comparable home sale to support the property's value.
Homes with wood flooring have proven to have a higher resale value and sell faster than comparable homes without wood floors.
More than half (53 percent) of these sellers use online home valuation tools and many (51 percent) also turn to the internet to find comparable homes for sale in their communities.
MJNCK reviewed all perinatal deaths, analysed perinatal death data, performed statistical analyses on study data and data from comparable home birth studies, and cowrote the paper.
Reviewing comparable homes that have sold within the six months, along with the listing, or asking, price on current homes for sale should prevent you from overpricing your home or underestimating its value.
A CMA performed by a qualified Fort McMurray real estate professional is an estimate of the current market value of a particular property, based both on the specific features and qualities of the individual home and comparable homes already on the market, or homes that are similar and have sold recently.
On the contrary, home values in Inglewood, CA near the future home of the NFL's LA Rams are almost 9 % lower than comparable homes outside of the radius studied.
By evaluating whether comparable homes typically sold below, at or above asking price, the agent can more accurately determine where to price your home to sell in the least amount of time, and for the most money.
Besides having access to a great deal of information on home prices and sales data, we will research comparable home sales when you find a home you're interested in making an offer for.
Those things can help but they won't add $ 100K when comparable homes sold for $ 300K.
Implementing these principles when selling your home will give you a competitive edge over comparable homes for sale.
If these listings were priced above comparable homes that have sold, they pinpoint pricing that buyers will shun in the marketplace.
TheRedPin offers tools to help you in your search for comparable homes cheaply, and efficiently.
If your home is already on the market and has an offer on it, be sure to gather the information your Realtor supplied you about comparable homes that recently sold.
To assess a home's value, the appraiser will likely visit your home and compare it to nearby comparable homes, or «comps,» that have recently sold.
With a reconsideration of value, you can request the value of the home be adjusted based on other comparable homes not used in the initial appraisal.
Located between Kitsilano and Mount Pleasant, Fairview's average home price is 36 % less than comparable homes directly to the west.
$ / SF for reasonably comparable homes is a tool that should be used when making purchasing, building or remodeling decisions.
It won't do the fine tuning, but if there are enough comparable homes, it will get you into the ballpark.
According to the website Modernize, a home - improvement advice site, «you won't find that for cost - comparable home improvement projects, such as installing a garage, adding an addition, or remodeling your kitchen.»
But he finds it hard to compare the two, «since the walls we design are twice as thick as many comparable homes and have triple - glazed windows.»

Phrases with «comparable homes»

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