Real Estate

Home Ownership As an Investment

What are “comparables”?

Comparables, or “comps”, are houses that are physically similar to your house in a specific radius from your target house that have sold recently. You can gain intelligence as to the “market price” of a house by reviewing the price at which comparable houses actually sold. Real estate appraisers will identify comps in order to ascertain the current market value of any real estate.


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