A Tucson Comparable Market Analysis…what is this?
A comparative market analysis (CMA) is an evaluation of similar, recently sold homes in Tucson (called comparables) that are near a home intended to be bought or sold. We use the Comparable Market Analysis to establish the likely value of a home that you wish to sell OR purchase. As a buyer, you can use the information gleaned from a CMA of a home you are considering purchasing to determine facts that can help in the negotiation of a price for the home. A comparative market analysis is not the same as an appraisal, which is performed by a licensed appraiser.
Today there are many online services that can provide “quickie” valuations of your home, but these are just estimates that do not take into account special features your home may have that make it more valuable than the average price per square foot for a home in your neighborhood similar to yours.
For a more accurate valuation, and a personal interpretation of the facts and figures by an experienced Realtor, call for a free and no-obligation Tucson Comparable Market Analysis by Team Al and Sandy, or complete the form below and we will respond promptly with a full and personalized CMA.
What goes into a CMA personally prepared for your home by Team Al and Sandy?
We examine all other homes in your Tucson subdivision or area that are:
- Currently listed for sale
- Sold subject to contingencies, most likely inspections
- Pending-contingencies removed
- Sold within the past six months
The most important of these are the closed sales; the others are your competition and the Seller’s wish, hope and dream. While we use a computer program to prepare these facts, and the back-up listings and details about each home, only an experienced Realtor can interpret this information and apply it to your home’s unique qualities.
We look at your home relative to the features of these other homes:
- Location in the subdivision
- Square feet of each property
- Age of each property
- Size of each lot
- Number of bedrooms and baths
- Improvements and renovations
- Presence of a pool
- Condition of the property
We customize the CMA to fit your home and its unique situation.
For a free and no-obligation CMA of a home you are considering selling OR buying, give us a call at 520 488 6088 or complete this form and submit it to us: