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What is Comparative Market Analysis (CMA)?

Comparative Market Analysis (CMA) is a method used to estimate a property’s value by comparing it with similar recently sold properties in the same area.

What Factors Are Compared in a CMA

  • Property size and layout
  • Location and neighborhood features
  • Amenities and property condition
  • Recent market sales and pricing trends

Why CMA Is Useful in Real Estate

  • Helps sellers set competitive listing prices
  • Assists buyers in evaluating fair market value
  • Supports real estate agents during negotiations
  • Improves pricing accuracy in transactions

Comparative Market Analysis is an important valuation tool in real estate that helps buyers and sellers make informed pricing decisions based on market data.

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