SAN DIEGO REAL ESTATE
Property Values are established by the market prices as homes sell in a given area. Property values are constantly changing based on the economy and the demand for homes in the area. Property value is best determined by comparable sales, known as comps. Comps are the actual sale prices of properties that have sold and closed escrow. Don't confuse a comp  with a listing or asking price. The listing price is what the property owner is asking for the home . Buyers place offers to purchase properties that be may be lower or higher than the listed price. Once the seller and buyer come to terms and agree on a price, and the property closes, market value is established. Comparable properties that have sold in your area are then compared  against your property to establish its current property value.

Fill out the form to the left and receive a free report on the current market value of your property!
 

 

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