What is a Comparative Market Analysis, and What Does It Look Like?
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JANUARY 28, 2022
How is a comparative market analysis different from a comp? A comp, or comparable sale, is “an individual property that is similar to the one being sold,” Medford says. The appraiser has no vested interest in the property or its sale. Sales history and value adjustments over the years. Median sale price by square footage.
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