🏡 Your home’s value is typically determined through a Comparative Market Analysis (CMA). A real estate agent will look at recently sold homes in your neighborhood that are similar in size, condition, features, and location. These are called "comps."
By analyzing how much those homes sold for, your agent can estimate a realistic and competitive price range for your property. They’ll also factor in current market trends, buyer demand, and any unique features your home may offer (like a remodeled kitchen or extra-large lot).
This helps you avoid overpricing or underpricing and ensures your home stands out to the right buyers.💬💼
