House comp report

Compare nearby home sales and turn them into a pricing range sellers can trust.

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.

The four filters that separate useful comps from noisy sales.

Location

Start with the closest comparable sales, then expand only when the subject is rural, custom, or in a thin market.

Recency

Prioritize recent closed sales because they show what buyers actually paid in the current market.

Similarity

Compare bed count, bath count, square footage, lot size, year built, condition, garage, pool, and major updates.

Adjustments

Move each comp up or down for meaningful differences instead of averaging raw sale prices.

Pricing workflow

How agents should use a house comp report before a listing appointment.

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.

  • Enter the subject address and confirm the basic property facts.
  • Review the selected closed sales and remove weak matches when a better nearby comp exists.
  • Document the adjustments for square footage, condition, lot, garage, pool, updates, and timing.
  • Present a low, recommended, and stretch price instead of one brittle estimate.
  • Save the final range and talking points for the listing appointment or price reduction call.

Seller questions a comp report should answer.

Why is this house a comp if it sold lower?

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.

Can we use the active listing down the street?

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.

What if our home is nicer than every comp?

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.

Start with an address

Build your next house comp report in minutes.

Run CompIQ to get comparable sales, itemized adjustments, confidence notes, and seller-ready pricing talking points.

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