Start with the closest comparable sales, then expand only when the subject is rural, custom, or in a thin market.
A house comp report should do more than list recent sales. It should explain which homes are true comparables, how each one differs from the subject property, and why the final price range is defensible.
Start with the closest comparable sales, then expand only when the subject is rural, custom, or in a thin market.
Prioritize recent closed sales because they show what buyers actually paid in the current market.
Compare bed count, bath count, square footage, lot size, year built, condition, garage, pool, and major updates.
Move each comp up or down for meaningful differences instead of averaging raw sale prices.
The strongest report turns raw comparable sales into a clear recommendation. Use it to show sellers the market evidence, the adjustment logic, and the tradeoff between speed and stretch pricing.
It is useful because it shows buyer behavior nearby. After we adjust for size, condition, and features, we can see whether it supports our pricing range or belongs at the low end.
We can use it as competition, but not as proof of value. Closed sales show what buyers paid. Active listings show what sellers hope to get.
Then the report should show that through adjustments and a stretch scenario. The key is to separate a supported premium from a price buyers cannot justify.
CompIQ reports are for pricing support and are not licensed appraisals. Verify property facts and local MLS context before presenting a final recommendation.
Run CompIQ to get comparable sales, itemized adjustments, confidence notes, and seller-ready pricing talking points.
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