The value provided below is estimated and based on public record and/or the county assessor’s data. Results are non-specific, system generated, and for broad estimation purposes only. If you would like a more specific evaluation of your home based on today’s current Market and additional details distinct to your property, please contact us for a Custom Market Analysis. We’d love to discuss your home’s current value – at no charge to you!
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 you wish to buy or sell. Buyers, sellers, or real estate agents perform a CMA report to establish and find a fair price range for a specific home. The price range from the CMA can then be used as a guide to establish an offer price or listing price. Would you like to have a better understanding of the current Market and value of your home? The Laviolette Group would love to discuss your home with you – at no charge to you! With years of experience in Central Indiana, you can feel confident that The Laviolette Group will provide you with a detailed and accurate information.
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