Comparable properties are recently sold or under contract homes that are the most similar to your home in age, style, location and features. For most homes, there are few perfect matches out there. This is where “value adjustments” enter the picture. Value adjustments increase or decrease the value of the property under evaluation based on the comparison of various features. While these adjustments are not fixed amounts, experienced agents have data-supported methodologies for how to account for differences. For example, we can draw on past sales and appraisals to determine what an additional main level bathroom would add to the value of a home in your area. We arrive at a recommended pricing strategy based on information from those comparable properties, as well as other market trends.