A comparative market analysis can help you review how
much similar homes in the area have sold for, so you can calculate the best offer.
Not exact matches
This is so they can judge the current value of the property accurately, and so give you the most up to date quotation regarding how
much you can borrow against the property.The appraisal will inspect the internal and external up keep of the property, the quality of local amenities and services
in the local
area, and the recent selling price of
similar homes in the vicinity of your property.
Your agent should know how
much similar homes are selling for
in the
area.
ComFree.com also showed him —
much like the MLS would, he says — what
similar homes in his
area were selling for, which turned out to be comparable to the bank assessment price.
Despite the Seattle metro
area sporting the U.S.'s fastest - growing median
home prices for the past year, Chinese buyers note that
similar homes cost between a third more to twice as
much (depending on the neighborhood)
in other West Coast gateway cities like San Francisco, Los Angeles or Vancouver, BC.