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Understanding Comparable Property Sales

Market Notes

Understanding Comparable Property Sales

Learn how nearby sales can help put a property’s asking price into context.

Olivia Bennett

Understanding Comparable Property Sales

Comparable sales can provide useful context, but properties differ in condition, size, location, and timing. Review several relevant examples and seek professional advice before making an offer.

A simple checklist

  • Look for recent sales of similar size and type

  • Adjust for condition, floor, and outdoor space

  • Notice how long homes stayed on the market

  • Treat comparables as context, not a guarantee

Before you decide

Every property and every situation is different. Details can vary by location, contract, and individual circumstances, so confirm important points with the relevant professionals. If you would like to talk through your next step, I’m always happy to help.

Have a property question of your own?

Send me a message and tell me what you are working through. We can discuss the questions that matter to your situation.

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