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Home Valuation
As an agent I will complete a comparative market analysis (CMA) is a report that estimates a home's value by comparing it to similar properties that have recently sold.

How is a CMA created?
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Analyze the sales prices of similar properties in the area
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Consider factors like size, condition, age, location, and special features
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Then create a report that includes the addresses and sales prices of the comparable properties
Why is a CMA useful?
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A CMA helps sellers avoid pricing their homes too high or too low
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A CMA helps buyers find the best options within their price range
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A CMA can help sellers spend the least amount of time possible on the market
How does a CMA compare to an appraisal?
A CMA is not an official appraisal, but it can provide valuable insight into a property's value. An appraisal is a formal valuation that's usually driven by the needs of a mortgage lender.