Kim Constantine
Horseheads/Elmira/Corning, NY
"The Key to Customer Care"
Kim Constantine

Comparative Market Analysis for Horseheads/Elmira/Corning Sellers


 

Comparative Market Analysis (CMA)


 

This is done by examining three major factors:

  • Similar homes currently on the market (active listings).   
  • Properties recently on the market that did not sell (expired or withdrawn). 
  • Listings that have recently sold (pending and closed).

These three factors will illustrate your competition today, what buyers were not willing to pay, and most importantly what buyers were willing to pay.  The lender's appraiser will actually study the sold properties to determine if the property has the value necessary and meets the requirements of the lender.

Market Value of Your Home

The market value of your home is what the buyer is willing to pay for the property.  It is based on:

  • Today's market
  • Today's competition
  • Today's financing
  • Today's economic conditions
  • The buyer's perception of condition
  • Location
  • Normal marketing time

The market value of your home is not based on:

  • What you have in it
  • What you need out of it
  • What you want
  • A previous appraisal
  • What you've heard your neighbor's house sold for
  • What the tax office says it is worth
  • How much it is insured for
  • Prices of homes where you are moving

 

 

To provide a more detailed Comparative Market Analysis, I would be more than happy to also assess your listing in person.

The correct selling price of a home is the highest price that the market will bear.  The Comparative Market Analysis allows me to examine both the current market and the immediate past market in an effort to determine a realistic selling price.
To assist you in determining the correct selling price, which in turn, would aid in helping you determine a realistic listing price, I provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood.


Simply enter your criteria below, and I will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential.  There is no obligation.  Please indicate when you are thinking of selling and if you are moving within the Horseheads/Elmira/Corning area or relocating outside the area. 

   
First Name: 
Last Name: 
Email: 
Phone: 
Address: 
Postal/Zip Code: 
Year Built: 
Size: 
Bedrooms:     Bathrooms: 
Has Suite: 
Garage: 
  Type:     
Basement Type: 
Development:
Notes: 
Please describe any special features and recent upgrades.
For example: age of carpet & lino, type of kitchen cabinets, property backs park. List major renovations in recent years, etc.
* * Maximum of 1000 characters

When are you planning to move?
Required Field


   



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