What are Comparable Sales?
Known in real estate as “comps,” comparable sales are the sales prices of similar homes and are based on the following:
Lot size
Condition
Age & Construction
Square footage
Close proximity
Time frame of the sale
When it comes to buying or selling, both place high importance on comps to determine a home’s value.
Contact our team for a free consultation to learn more about what homes are selling for in your area.
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