Home & Real Estate Value in Minneapolis, Saint Paul, MN
Comparative Market Analysis
(CMA) is designed to estimate the value of your property under current market conditions. It is, by definition, the highest price your property will bring if it is put on the open market today. A CMA is a very time-sensitive assessment and is created by looking at the property itself, as well as three outside factors:
- How Many Properties Like Yours Are Currently For Sale? If there are a large number of comparable properties for sale, there is more competition for buyers.
- What have Comparable Properties Been Selling For? When we look at properties that have sold recently and compare their list price to the actual selling price, we can learn a lot about the strength of the market for properties like yours and values buyers are assigning to properties in your area.
- Which Properties In Your Area Did Not Sell? Expired listings often reflect a property that was overpriced. Studying these statistics can help us price your property right-right from the start.
FREE Market Evaluation
What is your home worth? Please complete the following information for a FREE estimated comparative market analysis of your property.