Maximize Home Value With Hidden Comparable Sales Secrets

How to Find and Analyze Comparable Sales

To effectively use comps, start by researching recent sales in your neighborhood. Websites like Zillow and Realtor.com offer tools to browse options for recent sales data. Look for homes with similar square footage, number of bedrooms and bathrooms, and lot size. Pay attention to any recent renovations or upgrades, as these can significantly affect the sales price.

Once you've gathered data, analyze the differences and similarities between your home and the comps. If your home has unique features or is in better condition, you may justify a higher asking price. Conversely, if the comps have advantages over your property, consider making strategic improvements or pricing adjustments.