Mar 31, 2024 · Comparables are used in many businesses as part of the process of determining a fair price for an asset. Real estate pricing is highly dependent on comparables. If you're …

Nov 26, 2019 · Find at least three comps sold in the past 3-6 months, within a half-mile, matching in size, number of bedrooms/bathrooms, age, and condition. Use multiple sources — MLS via …

Comparables or comps are assets or properties that help determine the fair value of a similar asset. They are widely used in the valuation of real estate properties.

Comparables are homes of similar size, condition, age, and style that recently sold in a certain neighborhood. Evaluating comparable homes and their prices can help determine a fair market …

Jul 22, 2025 · In real estate, the term “comps” — short for comparables — refers to recently sold homes that are similar to your house. To be a comp, the house must have similar …

COMPARABLES meaning: things that you know the value of, especially buildings, that can be used as a comparison in order…. Learn more.

Jan 10, 2025 · Real estate comps, short for comparables, are a way to gauge how much a property is worth by comparing it to other, similar properties. Real estate agents and home …

Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought.

The meaning of COMPARABLE is capable of or suitable for comparison. How to use comparable in a sentence.

Dec 28, 2024 · Real estate comparables, or "comps", are key tools used to evaluate properties based on similar, recently sold ones. Whether you're an investor, agent, or appraiser, comps …