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Real Estate - Home » FAQs » Comparable Sales

Comparable Sales

January 23, 2023 By Libby Guthrie Leave a Comment

A

Comparable Sales

Posted by Libby Guthrie
Comparable Sales
Comparable Sales

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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Tag: Home Seller Terms

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

What Do 2026 Housing Forecasts Actually Mean for B What Do 2026 Housing Forecasts Actually Mean for Buyers?
If you've been waiting on the sidelines, here's what you need to know about 2026:
The Good News:
✅ Mortgage rates settling in 6.0–6.4% range (improvement from 2025)
✅ More inventory = more choices and negotiating power
✅ Less competition—bidding wars are becoming rare
✅ Sellers are more open to contingencies and concessions
The Reality Check:
⚠️ Rates won't return to pandemic lows (3% is unrealistic)
⚠️ Prices still expected to rise 0.5–4% (waiting won't mean lower prices)
⚠️ First-time buyers still face steep challenges (median age now 40)
Bottom line: The market is normalizing, not crashing. If you've been holding out for perfect conditions, you might be waiting forever. Instead, focus on what you can control—strengthening credit, building savings, and getting pre-approved.
The question isn't whether the market is perfect. It's whether your personal situation is ready.
Want to discuss what 2026 could look like for your specific goals? Let's talk strategy.
Read the full article: https://gghknoxville.com/2026-us-housing-market-forecast/ Link in bio
Libby Guthrie, REALTOR® 🏡
Cell: 865-364-0200
Keller Williams 865-966-5005
GGHKnoxville.com
Libby@GuthrieGroupHomes.com
#HomeBuying #RealEstate2026 #FirstTimeHomeBuyer #HousingMarket #MortgageRates #BuyerTips #RealEstateAdvice #HousingForecast #HomeBuyers
Now that the holiday decorations are coming down, Now that the holiday decorations are coming down, you have the perfect opportunity to start preparing your home for sale.⁣
⁣
As you pack away those ornaments and lights, take a moment to assess each room with fresh eyes. The post-holiday season is the ideal time to begin decluttering—and it's not just about aesthetics. A less cluttered home actually looks bigger, photographs better, and can sell for more money.⁣
⁣
Here's a simple tip: Use the "box method" as you take down decorations. Set up three boxes in each room—Keep, Donate, and Store. As you remove holiday items, sort through other belongings too. Clear off countertops, thin out closets by at least one-third, and remove excess furniture that makes rooms feel cramped.⁣
⁣
Buyers need to envision themselves in your space, and that's much easier when they're not distracted by personal items or visual clutter. Studies show that staged, decluttered homes can sell for 5-10% more than comparable cluttered properties.⁣
⁣
Start now, and by the time the spring market hits, your home will be show-ready and positioned to attract top dollar.⁣
⁣
Let us know in the comments which room you're tackling first!⁣
⁣
#realestate #homeselling #decluttering #homestaging #sellersagent #realestatetips #homeforsale #realestateagent #sellyourhome #realtor #homesellingtips #declutter #springmarket #homeprep⁣
⁣
Libby Guthrie, REALTOR® 🏡⁣
Cell: 865-364-0200⁣
Keller Williams 865-966-5005⁣
GGHKnoxville.com⁣
Libby@GuthrieGroupHomes.com
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Brentwood, CA 94513

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