Real Estate Comps How To Find Comparables For Real Estate. 3282017 If you are more of a hands-on type of person and want to do the work yourself you will need to find comparable properties that have sold preferably within the last 6 months in the general vicinity of your property. First comps or house comparables are homes in your area that are similar to your home that have sold in recent weeks or months.
What is Considered a Comparable. Want more articles like this. Sales comps will not contain information that cannot be found in the public record such as net operating income and cap rates.
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Make a list of all the details about your home such as where its located its. Comparable properties will have similar attributes size age location condition features to the property being valued. They are used to guide offers and as a power tool in negotiations as well as for justifying and supporting resales. Real Capital Analytics RCA provides a large database of commercial real estate transactions new developments property sales recapitalizations and refinancing.