Sierra Nevada Real Estate


*Follow the instructions to receive a FREE Comparative Market Evaluation of your home.* *What is a Comparative Market Analysis?*
If you’re looking to buy or sell a house it’s likely during the process that Sierra Nevada Real Estate will provide you with a comparable market analysis or CMA for short. Think of a CMA as a guide relating to your home’s value, similar to the Blue Book as a guide to your vehicle’s value. A CMA is a report provided by Sierra Nevada Real Estate that provides a recap of housing activity in the general area. A CMA typically consists of about 2-4 homes that are similar in size and attributes that have sold within the last 3-4 months. These attributes consist of bedrooms, bathrooms, square footage, and age. Ordinarily a CMA will provide you with comparable homes that have already sold in the area. Occasionally when there is not enough historical sales data available, the report will include homes that are under contract but not yet closed, and homes which are currently on the market. The most accurate reports will consist of only homes which have sold in the area. It’s	common for other realtors^® to list a home slightly higher than the actual value to leave some space for negotiations. This can result in inflated home values in the report if homes currently on the market are included. Sierra Nevada Real Estate will provide a price range on the CMA because some factors such as a view or other special features cannot be accounted for easily. In general a CMA is a fairly comprehensive guide for a home’s value. Subsequently, a CMA can be obtained to determine the value of a home on the market. This can be an excellent negotiating tool for those unfamiliar with the selling price of homes in the general area. So where can you get a CMA? While you can get automated home evaluation data on the internet, the data provided can drastically differ from your home’s actual value. Let Sierra Nevada Real Estate provide you with an accurate estimate since we are familiar with the area. Best of all – Sierra Nevada Real Estate provides this report to you free of charge.
(775) 324-SNRE