How to evaluate comparable sales
Learn to tell whether a listing price is grounded in reality.
"Comps" are recently sold homes similar in size, condition, and location to the one you're considering. They're the best evidence of what a home is actually worth, regardless of what it's listed for. Look at sales from the last three to six months within a close radius, adjust mentally for differences in condition and upgrades, and you'll start to develop a much sharper sense of whether a price is fair, ambitious, or a steal.
This step is general educational guidance, not legal, financial, or real estate advice — your contract terms, deadlines, and local requirements always take precedence, so confirm specifics with your licensed professionals. Read our full disclaimer.