How to Run a Comparative Market Analysis (CMA)
Understanding property values is crucial in real estate, and a Comparative Market Analysis (CMA) is the key! In this video we provide a quick guide on how we do it at Rental Property U –
🔎 Mini Micro Search:
• Age of Construction
• Square Footage
• Bedrooms & Bathrooms (e.g., 3 bed, 2 bath)
⌛Time Frame:
Begin with sales from the last 6 months (180 days) and extend up to 1 year (365 days)
📍Location:
Focus on the same neighborhood.
