What is a Comparative Market Analysis (CMA)?Ī CMA is a free report prepared personally by one of our agents that compares your home to similar properties in your neighborhood that are currently for sale or have recently been sold. This report is personally prepared to give you a clear understanding of competing properties, market trends, and recent sales in your area. The values generated by AVMs are based on automated computer modeling from public records and may not represent the true value of the home as they cannot take into account the nuances of our local market.įor the most accurate estimate, contact us to request a Comparable Market Analysis (CMA). ![]() ![]() Typically, national AVMs are not a good representation of a home's actual value and have a large margin of error. An AVM is a computer-generated algorithm that uses historic, public sales data and trends to estimate a home's value.
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