Real Estate Analysis and Commentary in the Mid-Hudson Valley

Appraisal Vs. CMA
July 17th, 2020 2:50 PM
Something important to note is that a real estate market analysis is different than an appraised value, which is determined by a professional appraiser. A comparable market analysis is considered subjective and gives the seller information on the value of similar houses in the area.  Additionally, it should also be pointed out that a CMA doe's not include individual adjustments for things like age/condition, land size, improvements etc...  A professional appraisal accounts for every difference between your property and any comparables utilized. 

Posted by Richard Binkowski on July 17th, 2020 2:50 PMPost a Comment

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