MARKET ANALYSIS

Comparative Market Analysis (CMA)

A CMA is a complimentary service I offer homeowners who want a better understanding of their home's value and the real estate market in the surrounding area. It is an important first step and a valuable financial planning tool for homeowners planning their real estate strategy for the next 3 to 12 months. While many online estimates rely on automated algorithms and broad market data, I personally prepare every CMA using professional real estate resources, state-of-the-art market analytics, and local expertise.

Accurately valuing a home requires much more than comparing a handful of recent sales. In addition to analyzing sold properties, my reports evaluate active and pending listings, days on market, inventory levels, price-per-square-foot trends, home age, layout, renovation potential, and overall neighborhood demand. I also consider the factors buyers value most—but automated websites often overlook—including school districts, nearby parks and amenities, walkability, commuting options, and a home's proximity to busy roads or commercial areas.

The result is a thoughtful, data-driven valuation that reflects how today's buyers are making purchasing decisions—not a generic estimate generated by a computer.

APPRAISALS

An Industry Standard

An appraisal is an unbiased valuation of a home based on a professional’s opinion. Mortgage companies use appraisals when a loan is required to purchase a home.