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What Is A Comparative Market Analysis?

If you’re thinking about selling your home, you’re probably also thinking about how much you can sell it for. You might try some online home value estimators, however, most of those tools won’t give you very accurate results. They might be great starting points but they won’t be able to factor in specific details about your home. The best way to determine how much your Waltham Real Estate is worth is by conducting a Comparative Market Analysis or CMA. To do this you should work with an experienced Waltham Realtor who understands the local market entirely. 


What is a Comparative Market Analysis?

A Comparative Market Analysis or CMA is the method of calculating the value of a home based on recent sales of similar homes in the same area. Waltham Realtors use a CMA to help accurately determine what your property is worth. They will assess all of the features of your home and compare them to similar properties in the area to see exactly how much your home should be listed for. 


What Should a CMA Include? 

When conducting a CMA with your Waltham Real Estate Agent, it will likely include several comparable sold properties, sale pending homes, and currently listed homes.  These properties will have similar features to your home and are located in the same or similar area to your home. The analysis will include the price these properties sold for and a proposed price for your home’s listing.  


Is a CMA Accurate?

As mentioned above, a Comparative Market Analysis is a fantastic way to accurately determine your home’s market value. However, it is never guaranteed that your home will sell at the exact price provided in the CMA. The best way to get the most accurate CMA is to work with an experienced Waltham Real Estate Agent.


Can You Get a Comparative Market Analysis for Free?

Most agents, including Waltham Realtor Hans Brings, will provide you with a CMA for free. This is a great way to get to know your local Waltham Real Estate Agent and see exactly how they can help you in your home selling process. 


Contact a Waltham Realtor

To get your free Comparative Market Analysis contact Waltham Realtor, Hans Brings, by filling out a form or giving him a call at 617-968-0022. Being in the industry for over 31 years has given Hans the experience and knowledge to help all home sellers determine their selling price as well as end up selling for the best amount. 

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