Homes by Email

Be the first to see new listings as soon as they hit the market!

Sign Up Now

Quick Search


view all


Any

Any

No Min.

No Max.

Richard Senecal

Bellevue Commons
Bellevue, Washington
Real Estate Agent
425-417-6458
Contact Me

Contact Me







* fields are required

Request CMA

What is a (CMA) comparative market analysis?

A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes (called comparables or comps) that are near a home or homes that you want to buy or sell. Buyers, sellers, or real estate agents perform a CMA report to establish and find a fair price range for the home the report is created for. The price range from the CMA can then be used as a guide to be used for establishing an offer price or a listing price.

Basically, performing a CMA involves finding the homes that are similar to the home under consideration, and creating an in-depth comparison of its size, age, location, and features of the home. It all comes down to one question: compared to other, comparable homes in this area, how much is this home worth? Answering that question involves looking at a fair amount of data on other homes in the current market.

The process for doing a comparative market analysis includes:

Defining criteria for selecting comparables in close range to the home

  • Determine a list of quality comparables
  • Evaluate the comparables within close range to the home
  • Adjust comparable values for differences in size, condition, location, amenities, etc
  • Estimate the ideal value of your target home based off the findings





* fields are required

Richard Senecal
Bellevue Commons

100 116th Ave SE
Bellevue, WA 98004
Phone: 425-417-6458
Email: rsenecal@windermere.com

Testimonials

Our family knew selling our home could be challenging, due to unusual circumstances. Rich turned what would likely have been a lengthy, frustrating, and costly process into a sale that exceeded our needs. Rich managed to make it less stressful by remaining responsive, communicating with us at every step in the process, managing the pre-sale improvements and providing staging, and actively driving the sales process. Our home looked amazing. It sold when we needed it to sell. Rich is very knowledgeable about today's market, is a strong negotiator, maintains a calm and professional demeanor, and is an absolute pleasure to work with. We are grateful for what Rich did for us and impressed with how he accomplished it. We are thrilled to have a realtor we will stick with. E. Mills – Kirkland, WA. (4/15/14)
View All

Connect With Me

Newsletter

Subscribe to my newsletter...

* fields are required

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu