What’s a CMA? Depending on its purpose, a CMA is either a Comparative or a Competitive Market Analysis of a property. Those are both similar, and often used interchangably, but they do have slightly different uses. Based on the titles, it is easy to guess that the purposes of the reports would be to compare a property to those around it, or see how a property competes in current market conditions. These reports are often used to determine a property’s value so that a good listing price or offer can be determined. Sometimes they are completed every-so-often just to keep track of the changes in a property’s value over time.
At the end of the report, though, the only thing you’re really concerned with is, “What’s my property worth?” Every property is unique, so to answer that question, I need to do some research. If you’re interested in knowing what your property is worth, just fill out the short form below and I’ll get back to you as soon as I can.