Waaah! Waah! Can’t I just cut out all this hard work and use Zillow?
As you saw in the example in Part 2 in this series (Determining a Home’s Value), finding good comparable homes can take a bit of time, and performing the calculations can often require some level of estimation if you aren’t [...]
Comps-lets do this thing!
Since we’re looking for comparable sales to our home, let’s start by describing the PoP Family home.
Our house is a 3 bed/2 bath home with 1,110 sqft of living space. It was built in 1985 and has a 1.5 car attached garage. (Yes, 1.5 car garages exist, but just [...]
What on Earth is a Comp?
When your house is one of your biggest assets, it’s hard to know where you stand financially unless you have some idea of what it is worth. The main problem with that is that, with real estate, you can never really be sure of how much a home is [...]