A Comparative Market Analysis (CMA) is an essential tool used by real estate professionals to determine the fair market value of a property. Whether you’re considering selling your home or simply curious about its worth, a CMA provides you with a detailed overview of how your home compares to similar properties in your area. As a realtor, my goal is to help you understand your home’s value and the factors influencing it.
During a free home evaluation, we will assess your property’s features, including its size, layout, condition, location, and unique amenities. This information is then compared to recent sales of similar homes in your neighborhood, active listings, and properties that didn’t sell (which helps identify pricing pitfalls). The CMA is not just about numbers—it’s about understanding trends, buyer preferences, and how your home fits into the current market.
What can you expect from your free home evaluation? First, a walkthrough of your property, where we’ll take note of upgrades, repairs, or special features that may impact its value. During this meeting, we would love to hear about your experience with the home and any interesting or unique facts about it to help us see the big picture. Next, we’ll present you with a detailed CMA report. This will include insights into comparable properties, pricing strategies, and an estimated market value range.
The goal is to empower you with accurate, data-driven information so you can make informed decisions. Whether you’re ready to sell or just gathering information, a CMA offers clarity and a professional perspective on one of your most valuable assets—your home.
