Analysis (CMA) for your home!
The CMA will provide you with the following information:
• Detailed information on each house sold in your area over the last six months, along with final sale prices. If you are thinking of selling, this will help you price your home realistically. • Detailed information on all houses for sale in your area and their asking prices. These homes are your competition. Skip ahead to the end of this book if you would like more information on how to request a free home valuation. Do your own homework: There is a free way of getting a decent valuation of your home, but it is risky and time-consuming. Use the internet to scout other homes for sale in your area, and narrow them down to those that are similar to yours. The prices on these homes can give you a good benchmark for setting your own price.
FINDING COMPARABLES
How do you find accurate, comparable sales and use them to determine your home’s exact value? Search online sites such as Realtor.ca. To search for homes like yours, enter criteria such as square footage or number of bedrooms. The key to finding accurate comparable sales is to find the properties that are closest in location, condition, square footage, features, etc.
How do you determine which comparable sales you should use
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