Comparable Market Analysis (CMA)
Your Guide to Real Estate Value with Realtor Rick
A Comparable Market Analysis (CMA) is a critical step in understanding the true market value of a property. It's an in-depth evaluation that helps sellers set the most competitive listing price and empowers buyers to make informed offers. Unlike a formal appraisal, a CMA leverages real-time market data and local expertise to provide a precise snapshot of a property's worth.
Understanding Your Property's Potential
Your Subject Property
The property being evaluated, with its unique characteristics and appeal.
- π 2,200 SQFT
- π 3 Bedrooms
- π 2.5 Bathrooms
- ποΈ Built 2005
- β¨ Recently Renovated Kitchen
- π³ Spacious Backyard
- π Prime Las Vegas Location
Why a CMA Matters
A CMA provides crucial insights to help you make strategic real estate decisions.
- π° Pinpoint Optimal Pricing
- π Understand Market Trends
- π€ Strengthen Negotiation Power
- β±οΈ Accelerate Sale Process
- β Validate Investment Value
Recently Sold Comparables: The Foundation of Value
To determine an accurate market value, we identify properties in your area that are most similar to yours and have recently sold. These "comparables" provide the freshest insights into what buyers are currently paying.
Comp 1: Modern Suburban
Sold: $550,000
- π 2,150 SQFT
- π 3 Bed | π 2 Bath
- ποΈ Sold 2 Months Ago
- Features: Standard finishes, 2-car garage
Comp 2: Updated Family Home
Sold: $585,000
- π 2,300 SQFT
- π 4 Bed | οΏ½ 2.5 Bath
- ποΈ Sold 1 Month Ago
- Features: New flooring, larger lot
Comp 3: Desert Oasis
Sold: $565,000
- π 2,250 SQFT
- π 3 Bed | π 2.5 Bath
- ποΈ Sold 3 Weeks Ago
- Features: Xeriscape yard, smaller pool
Adjusting for Differences: Precision in Valuation
Since no two homes are identical, we make careful adjustments for variations in features, condition, and amenities between your property and the comparables. This ensures a truly "apples-to-apples" comparison.
Value Additions
- β Recent Pool Addition: +$15,000
- β Upgraded Kitchen: +$10,000
- β Mountain Views: +$8,000
- β Larger Lot Size: +$7,500
Value Deductions
- β Older HVAC System: -$5,000
- β No Garage: -$7,000
- β Minor Cosmetic Repairs: -$3,000
- β Smaller Living Area: -$10,000
Your Estimated Market Value
Based on current market conditions and a thorough analysis of comparable properties, your property's estimated value range is:
$560,000 - $610,000
Realtor Rick: Your Partner in Las Vegas Real Estate
With Realtor Rick's deep understanding of the Las Vegas market, you gain a strategic advantage. Whether you're buying or selling, trust in expert analysis to guide your decisions and achieve your real estate goals.
Realtor Rick Goretski | Licensed Nevada & Florida Realtor
NV Cell: 725-900-0404 | NV Direct: 702-200-1023
www.RealtorRickLasVegas.com | www.DisneyWorldAreaHomes.com
NV Lic 0199279 | FL Lic 503412
REAL BROKER LLC
`
Why Trust Realtor Rick for Your CMA?
While online tools can provide basic estimates, a truly accurate and nuanced CMA requires local market expertise and access to comprehensive data not publicly available. Realtor Rick, as an experienced real estate professional in Las Vegas, has:
- Access to MLS Data: The most reliable and up-to-date source of property information.
- Local Market Knowledge: Understanding of micro-neighborhood trends, demand, and specific factors that influence value in Las Vegas.
- Experience-Based Adjustments: The ability to make informed adjustments for property differences based on real-world market impact.
If you're looking to buy or sell a property in Las Vegas, contacting Realtor Rick is your best step for a comprehensive and accurate Comparative Market Analysis tailored to your specific property.
GET MORE INFORMATION
Agent | SL 503412