In today’s market it is possible to make confident and smart decisions about selling your home. It starts by being educated and getting a pulse on the trends in the various different neighborhoods. You can now get that information from a local expert for FREE! Once you provide your property address and some basic information about your home I will personally generate a customized market analysis on your home. I will search the Multiple Listing Service (MLS) and provide recent active, pending and sold comparable homes for you to review within the comforts of your own home.
Once you are ready to put your home on the market or if you have any more questions about the real estate market in your area, it would be my please to assist you. As a real estate agent that specializes in this area I have the experience and cutting-edge system to sell your home for top dollar.
Find out just how much your home is worth. Fill out either form below and I will get back in touch with you within 24 hours.
What is a Comparative Market Analysis (CMA)?
A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes that are near a home or homes that you want to buy or sell. Buyers, sellers or real estate agents perform a CMA report to establish and find a fair price range for the home the report is created for. The price range from the CMA can then be used as a guide to be used for establishing an offer price or a listing price.
Basically, performing a CMA involves finding the homes that are similar to the home under consideration. Creating an in-depth comparison of its size, age, location and features of the home takes times and is definitely an art. It all comes down to one question: compared to other comparable homes in this area how much is this home worth? Answering that question involves looking at a fair amount of data on the other homes in the current market.
The process for doing a Comparative Market Analysis (CMA) includes:
Defining criteria for selecting comparable homes in close proximity to the site
- Determine a list of quality comparable homes
- Evaluate the comparable homes within a close range to the site
- Adjust comparable values for differences in size, condition, location, amenities and more
- Estimate the ideal value of your target home based off the findings