Real Estate Glossary



  Comparables

An abbreviation for "comparable properties"; used for comparative purposes in the appraisal process. Comparables are properties like the property under consideration; they have reasonably the same size, location, and amenities and have recently been sold. Comparables help the appraiser determine the approximate fair market value of the subject property.

 

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Pam Shockey, Broker Assoc., CLHMS, e-PRO
Keller Williams Southwest
Direct 281-435-9808 or 281-778-8566

Pamshockey@siennaparkwayrealty.com
contact pam
Each Office is Independently Owned and Operated.




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