Mar 31, 2024 · Comparables are used in many businesses as part of the process of determining a fair price for an asset. Real estate pricing is highly dependent on comparables. If you're considering …

Nov 26, 2019 · Price per square foo t: Real estate agents use price per square foot to identify comparables. Divide the sale price of a home by its square footage, then compare that number to …

Comparables or comps are assets or properties that help determine the fair value of a similar asset. They are widely used in the valuation of real estate properties.

Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought.

COMPARABLES meaning: things that you know the value of, especially buildings, that can be used as a comparison in order…. Learn more.

Comparables are homes of similar size, condition, age, and style that recently sold in a certain neighborhood. Evaluating comparable homes and their prices can help determine a fair market value …

Jul 22, 2025 · In real estate, the term “comps” — short for comparables — refers to recently sold homes that are similar to your house. To be a comp, the house must have similar characteristics, such as …

Dec 28, 2024 · Real estate comparables, or "comps", are key tools used to evaluate properties based on similar, recently sold ones. Whether you're an investor, agent, or appraiser, comps help with pricing, …

The meaning of COMPARABLE is capable of or suitable for comparison. How to use comparable in a sentence.

Apr 29, 2024 · Learn how to find comps and easily determine accurate property values for successful real estate transactions.