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Your Resource For Expert Home Appraisal Information
How Comparable Sales Are Selected (and Why They Matter) in Ontario Property Appraisals
Ever wondered how appraisers determine your home's value? The answer often lies in comparable sales — but the process is more nuanced than you might think. Comparable sales — often referred to as “comps” — are a core component of most real estate appraisals. Whether an appraisal is prepared for mortgage financing, estate settlement, divorce, capital gains reporting, or any other purpose, the selection and analysis of comparable sales plays a central role in forming a credible
Sean Smith
Jan 134 min read
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