oboloo Glossary

Market Comparisons

oboloo Glossary

Market Comparisons

Market Comparisons Definition

When it comes to real estate, market comparisons are used to help determine the value of a piece of property. By comparing similar properties in the same area, you can get a good idea of what a fair price would be for the home you’re interested in. This type of analysis is also helpful when trying to decide whether or not to make an offer on a particular property.

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