What is a Comparative Market Analysis?
A Comparative Market Analysis, often called a CMA, is a report used in real estate to gauge and maximize the value of a property. A CMA is created by compiling and analyzing similar properties in an area to find your property's real value. The purpose of a CMA is to determine what your home should sell for and how long it should take to sell. A CMA often includes active listings of similar properties for sale to assess the competition as well as sold listings to estimate comparable sales.
How Diane's CMA Can Help
Diane has over 28 years of experience in real estate. Her well detailed CMA can help maximise a reasonable asking price for your home. Her expertise can provide valuable insight into the current real estate market, especially for unique properties. Diane will save you time and ensure that your home sells better.
Common Comparative Market Analysis Questions
CMAs are a snapshot of the current market. CMAs are basically unclosed listings, thus they can change daily.
It is good request a CMA when you are close to listing your property. They can become dated in 30 days.
Condition, location in the building or neighborhood, amenities, age, size, OHA fees, real-estate taxes, services provided, school system and special assessments.