COMPARATIVE MARKET ANALYSIS
The benefit a "COMPARATIVE MARKET ANALYSIS" is to assist you in determining the correct price at which your property should be marked.
HOW? by comparing:
A. PROPERTIES CURRENTLY FOR SALE
Properties currently FOR SALE in your area and comparable areas.
What PRICES they were originally marketed/advertised at.
What PRICES are they being offered at NOW?
How LONG have the properties been on the market?
What accommodation do they offer?
B. PROPERTIES THAT HAVE BEEN SOLD
Properties SOLD in your area and comparable areas recently.
What PRICES they were originally marketed/advertised.
What ACCOMMODATION they have.
HOW LONG the properties were on the market.
What the final SELLING PRICE WAS.