What To Look For When Researching Comparable Sales

Example of Comparables Sold

Comparable sales are important in determining the value of the properties we analyze. There are a few points to keep in mind when looking for comparable sales which I've detailed below. You also normally want to find at least three comparable sales in the past six months otherwise it may be incredibly difficult to sell your property.

Size

The target homes you are looking for should be within 20% of the size of the house. For example, if the house you are evaluating is 1000 square feet, you should look for homes that are generally between 800 and 1200 square feet.