Using Comparables

 

While viewing a property report, select Comparables to view other properties that have sold recently in the same area. You’ll be able to adjust the search parameters to include additional properties or remove unnecessary choices before sending, saving, or printing the report.

Comparable Sales

Using the comparable properties matching the search parameters below, and in addition to the subject's property address, this section provides you with the Average Cost per Square Foot and several Estimated Market Prices. As you change your list of Comparables, either by searching different parameters or unchecking properties, the values in this section will change.

The formulas used to determine the Average Cost per Sq. Foot, House Price Index and Average Sales Price/Tax Appraisal Ratio prices are detailed in the Market Value Calculation section. Select the link to expand the calculations.

If you would prefer to exclude one or more of the prices from the Comparables report, simply select the X icon next to the price you wish to hide. Now when you print, email, or save the report the grayed-out values are not visible. The same thing is true for the corresponding details in the Market Value Calculation section, the explanation will not be visible either.

In some areas, you might also see the Zestimate Home Valuation. This saves you time from having to search Zillow and pull the estimate yourself. We know not everyone wants to see the Zestimate, so we’ve also made it easy for you to make sure it’s not included. Simply select the X icon next to it, and just like with other prices, it will not be visible on any printed, saved, or emailed reports.

Map View

The comparable properties are plotted on a map and shown in a list view. On the map, hover your mouse pointer over any of the numbered icons to view basic information about that property. For more details, click the View Report link to open a Property Report in a new window.

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In addition to refining your list by changing your search parameters (see below), you can select properties on the map using our drawing tools. To select only the properties within a certain radius:

Select the magnifying glass icon then select Radius

Select where you want to center your circle

Select again to set the circle’s size, then select “Include this shape”

Your map will redraw to show only the properties you just highlighted. You can also use a rectangle or polygon shape for selecting properties. Just follow the on-screen instructions after choosing the tool.

If you would like to remove any of the shapes you have drawn, hover over the area tag inside the shape, then click Delete in the box that pops up.

 

Below the map view is a chart showing sale price and cost per square foot of each of the comparables on the report.

Search Parameters

You can refine your list by setting new parameters for your comparables search. Click any of the drop-down lists, choose a new value for the parameter, then click Update Results to refine the list. You can change values for:

  • number of bedrooms
  • number of bathrooms
  • acreage
  • square feet
  • within distance
  • sale date

Each value is relative to the subject property. For example, setting the Acreage value to +–10% will show you properties that are closer in size than using the default value of +–20%.

Note: If your search returns more than 15 properties, your report will be split into more than one page. You can change your parameters to reduce the number of comparables or click the arrow link at the bottom of the page to view the next page of the report.

List View

Beneath the Search Parameters section is the list view of your comparables. Click the address of any property to view its Property Report.

To remove any properties from your comparables report, just check the box to the left of the property, then select Remove Checked at the bottom of the list.

You can easily bring back the properties you removed by selecting the Bring Back Removed Comparables button next to the Remove Checked button.

Note: Bring Back Removed Comparables button only appears if you've removed properties

You can change which columns are displayed in your list on the Profile & Settings page. Once you have selected your columns, you can drag and drop the columns to your preferred order.

You can also adjust the width of the columns by selecting the separator between the column headings then dragging to the desired width.

 

Email, Save, Print

Once you’ve refined your list, select the buttons at the bottom of the screen to email a copy of the report, save a PDF to your computer or device, or print it.

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