Choosing Your Comparables

Although Cyberhomes™ has the facts — millions of them — you can also add your own understanding of the features of a place to clarify the picture. If it’s your own home you’re evaluating, it’s certainly very familiar to you, and you know it inside and out. But even if you’re just looking around, you can take a walk through the neighborhood with Cyberhomes™ to deepen your knowledge of an area and your target property. Pick the homes you think are most like the one you’re looking at, then see how your selections affect and refine the original estimate.

The value of any home is influenced by the values of properties around it, often expressed by the prices for which similar nearby homes have recently sold. These prices also provide insight into local real estate market conditions. Seeing these comparable home sales and selecting them for comparison with our tools will give you a clearer picture of the value of your target property.

Understanding the neighborhood around a home through its comparable sales is a step toward understanding a home’s value and its neighborhood. This information is critical both to the valuation of a home and your purchase decision. Our expert tools combine professional real estate information and comparable sales data with your knowledge of a home or neighborhood to provide you valuable insight into the property in which you are interested.