Real Estate Glossary



  Comparables

An abbreviation for "comparable properties"; used for comparative purposes in the appraisal process. Comparables are properties like the property under consideration; they have reasonably the same size, location, and amenities and have recently been sold. Comparables help the appraiser determine the approximate fair market value of the subject property.

 

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Claire Black Slotton, Broker Associate,
Coldwell Banker Doug Arnold Real Estate
505 Second Street
Davis, CA 95616
Claire@iClaire.com
www.iClaire.com
(530)756-2887, (530)759-4409 pager


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