Learning to Run Comps – Am I Missing Anything?

Jul 12 • Q&A

I’ve been learning how to run comps on my own and wanted to share my process. First, I look at homes sold in the past 3–6 months within about a one-mile radius. I focus on properties with similar square footage, number of bedrooms, and bathrooms, similar square footage. Once I find around 10 comparable homes, I take the average of their sale prices to estimate the value of the house I’m looking at.

Is there anything I might be missing or anything else I should consider?

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