Lethbridge Real Estate Information and Search

What is a Home Evaluation?

What is a Home Evaluation?

We would be happy to explain to you in person the many ways we can use to market your home. Check out this page to see some of the benefits.

Comparative Market Evaluation – Free Lethbridge Market Evaluation

Free Home Evaluation Form

Real estate evaluationTo get the most accurate estimate of how much you should list your property for, I can provide you with a Comparative Market Analysis (CMA), also known as a Competitive Market Evaluation.

A CMA is an informal estimate of market value based on sales of comparable properties in your area. It generally takes into account various aspects of your home including size, features and annual costs.

Reviewing comparable homes that have sold within the past year, along with the listing or asking price on current homes for sale, should help you determine a fair sale price for your property.

CMAs can include homes that are currently for sale and those which have recently sold. They can cover areas as narrow as one or two streets surrounding your home, or as broad as an entire subdivision. Each CMA contains valuable information on several recent sales, including:

  • How long each property stayed on the market
  • How close the sale price was to the asking price
  • Notes comparing each home to yours, (i.e. number of bedrooms and baths, approximate square footage, sizes of major rooms, amenities such as fireplaces and pools, age of the home, property taxes and more).
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