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Comparative market value refers to the estimation of a property's worth based on the sale prices of similar properties in the same area or market. It takes into account factors such as location, size, condition, and features to provide a benchmark for buyers and sellers. This analysis helps stakeholders make informed decisions by comparing a property to its peers, ensuring that pricing is aligned with current market conditions. Ultimately, it serves as a key tool in real estate transactions.

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1d ago

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What is a Real estate market analysis?

A real estate professional typically prepares a comparative market analysis before a client purchases or sells a home. The report outlines the estimated value of a property based on its features and the conditions in the area’s housing market. Buyers and sellers can use the report to gauge whether a home’s sale price is reasonable.


What is the meaning of Market value of shares?

market value is the current value of the share, which can be bought or sold.


What is the difference between market value and market capitalization?

Both market value and market capitalization are terms corresponding to the stock of a particular company. Market value - this is the price of one stock of that particular company on any given trading day. Market Capitalization - this is the consolidated value of all the stocks of a particular company at the current trading days prevailing market value. For ex: if XYZ limited has 1 million stocks in the market which are trading at a current price of $4 per share then the market value is $4 and market capitalization is $4 million.


What is the difference between market volume and market value?

volume is the market size i.e. how many coca cola bottles being sold value is how much the market is worth i.e. 1billion


How do you calculate market potential value?

To calculate market potential value, first identify the total addressable market (TAM), which represents the maximum revenue opportunity available if a product or service achieved 100% market share. Next, assess the market penetration rate, estimating the percentage of the market that can realistically be captured based on factors like competition and customer demand. Multiply the TAM by the expected penetration rate to determine the market potential value. Finally, consider external factors such as market trends and economic conditions that may influence this value.

Related Questions

What one of these is the best description of a comparative market analysis?

A comparative market analysis (CMA) is a process used to evaluate the value of a property by comparing it to similar properties that have recently sold in the same area. It considers factors such as location, size, condition, and features of the properties to provide an estimate of a property's market value. CMAs are commonly used by real estate agents to help sellers set competitive prices and assist buyers in making informed offers.


What is the best description of a comparative market analysis?

A comparative market analysis (CMA) is a tool used by real estate professionals to assess the value of a property by comparing it to similar properties that have recently sold in the same area. The CMA takes into account factors such as location, size, condition, and features of the properties, providing a data-driven estimate of a property’s market value. It helps sellers set competitive prices and assists buyers in making informed offers. Overall, a CMA is essential for understanding current market trends and property valuations.


Where can you find the value of your home?

The best way it to contact a licensed real estate agent and ask them for a comparative market analysis on the property. Sites like Zillow and Trulia also tend to have a rough idea of the value.


Is useless a comparative adjective?

No, "useless" is not a comparative adjective. It is a simple adjective used to describe something that has no use or value.


1 Discuss the growing importance of the global market and the roles of comparative advantage and absolute advantage in global trade?

discuss the growing importance of the global market and the roles of comparative advantage and absolute advantage in global trade?


What is relative market value?

Relative market value refers to the value of an asset or company in comparison to similar assets or companies within the same industry or market segment. It is often assessed using valuation multiples, such as price-to-earnings or price-to-sales ratios, to gauge how a particular entity is valued relative to its peers. This approach helps investors identify potential overvalued or undervalued opportunities by providing context for valuation beyond absolute figures. Ultimately, relative market value aids in making informed investment decisions based on comparative analysis.


What is the market value for seismograph?

what is the market value for seismograph


What is market value of capital employed and how is the evaluation?

the market value of capital is a company's to market value minus is liability


How to compute after tax salvage value?

Salvage Value - [Tax * (Market Value - Book Value)


What is Market to market accounting standards?

I think you mean "Mark to Market" which is an accounting technique in which assets are valued at their current market value and not a previous value or future value. Mark to Market is also known as "Fair Value" accounting.


What is a Real estate market analysis?

A real estate professional typically prepares a comparative market analysis before a client purchases or sells a home. The report outlines the estimated value of a property based on its features and the conditions in the area’s housing market. Buyers and sellers can use the report to gauge whether a home’s sale price is reasonable.


What is the meaning of Market value of shares?

market value is the current value of the share, which can be bought or sold.