Property Comparison

  • 2 Posts
  • 1 Sections
  • 1 Types
August 31, 2024 3 min read Definitions
Comparable Property (Comp): Estimating Subject Property Values
Real Estate Finance Real Estate Appraisal Property Valuation Market Analysis Property Comparison Home Value
A Comparable Property, or Comp, is a property used as a reference to estimate the value of another property, often used in real estate appraisals and market analyses.
Read more about Comparable Property (Comp): Estimating Subject Property Values.
August 25, 2024 3 min read Definitions
Adjustments (in Appraisal): Valuation in Real Estate
Real Estate Finance Appraisal Real Estate Valuation Property Comparison Market Analysis Adjustments
Adjustments (in Appraisal) refer to the dollar value or percentage amounts that are added to or subtracted from the sales price of a comparable property to provide an indication of the value of the subject property. These adjustments account for variations in features between the comparable property and the subject property.
Read more about Adjustments (in Appraisal): Valuation in Real Estate.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.