Greater Memphis Tennessee Real Estate

InstaCompare: Home Valuation

Find out instantly about other homes sold in your area by completing the information below. You will immediately receive a list of recent home sales compiled from local county records. While this is useful information, it should not be used in place of the more extensive CMA that I can provide at no cost or obligation if you are thinking about selling.

Typically your home is worth what a qualified buyer will pay for it. To determine that number, the "Market Approach" to value is used. This approach is based on the premise a person will pay no more for a property than it would cost to purchase a comparable property.

To form an opinion of value, I analyze current listing and sales prices of simliar homes in your area. I will consider properties that have recently sold, are currently for sale or were offered for sale, but did not sell. Although none of these properties are identical to yours, only those that have a high degree of similarity are noted in this report.

CMA - Comparative Market Analysis

To summarize the process the CMA illustrates the sold history of similar homes, those that failed to sell and properties currently on the market. By comparing these numbers, the value or range of value for your home becomes relatively clear. The final projected sales price should be determined after careful consideration on these current market conditions.

 

 

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{ADDRESS} - {PROPERTY_TYPE_DISPLAY}
Distance: {DISTANCE} mi. Sold Date: {SOLD_DATE} Sold Price: ${SOLD_PRICE}
Beds: {BEDS} Baths: {BATHS} Square Feet: {SQUARE_FEET}
Jennifer Arendale
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