Comparable Sales

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Category: Real Estate

Comparable Sales

What are Comparable Sales? 🤔

Known in real estate as “comps,” comparable sales are the sales prices of similar homes and are based on the following:

☑️ Lot size
☑️ Condition
☑️ Age & Construction
☑️ Square footage
☑️ Close proximity
☑️ Time frame of the sale

When it comes to buying or selling, both place high importance on comps to determine a home’s value.

Contact our team for a ✨ free consultation ✨ to learn more about what homes are selling for in your area.

Tags: Home Seller Terms, Homebuyer Terms, Listings

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Howdy! I'm Libby Guthrie. I'll be your guide to real estate in the Greater Knoxville TN area. Whether you're buying, selling, or you just want to learn a little about real estate, you're in the right place!

I've been working in real estate for over 30 years, and have been the agent in over 1400 transactions, so I know I can help you too!


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