Selling Your Colorado Home - The Comparative Market Analysis

Selling Your Colorado Home - The Comparative Market Analysis

Boulder Colorado Community Index


Jump to CMA

Selling Your Colorado Home

The Comparative Market Analysis

PURPOSE: To determine the Market Value of a given parcel of real estate

WHAT IS MARKET VALUE?

The highest price in terms of money a property will bring given that:
  • It is exposed for a REASONABLE TIME on the OPEN MARKET.
  • Purchaser has KNOWLEDGE OF COMPARABLE PROPERTIES on the market.
  • Purchaser buys with the KNOWLEDGE OF ALL USES to which the property is adapted.
  • The property is capable of meeting the FINANCIAL CRITERIA set forth by the local lending agencies.

HOW IS MARKET VALUE DETERMINED?
There are numerous factors which affect the market value of a property:

  • Location
  • Exceptional appeal
  • Style
  • Exciting extras/inclusions
  • Special financing
  • Area market conditions/competition
  • Time allotted for a successful sale
  • Property condition

 

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends