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Comparables

Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified…

Applications & Standards

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Use in appraisals

Standard costingNew York
2 related topics

Comp checks

Comp CheckUniform Standards of Professional Appraisal Practice
2 related topics

Factors

Market value
1 related topics

Overview

Real estate appraisalReal estate agentMarket analysis
3 related topics

Topics to explore

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Overview

Factors

Use in appraisals

Comp checks

Advanced semantic analysis

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Map overview Semantic statistics

Comparables

Nodes13
Edges12
Triples29
Avg. degree1.85
Density0.153846
Components1

How this topic connects Entity context

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Comparables

Top relations

related to Factors · 12
Comparables → Are, Conditions, Did, Financing Conditions, Five, For, Locational Comparability, Market Conditions, Physical Comparability, Sale, This, Was
related to Comp checks · 6
Comparables → An, Comp Check, Professional Appraisal Practice, There, Uniform Standards, USPAP
related to Use in appraisals · 4
Comparables → However, In, The, Thus
related to Sales comparison approach · 3
Comparables → For, The, This

Important terminology Word statistics

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Important terminology

value cost comparable estate appraisal approach real factors property subject market using usually example may estimate external obsolescence build entrepreneurial

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
competitioninstance ofThe appropriate amount of entrepreneurial profit depends on factors0.80text
the difficulty of the projectinstance ofThe appropriate amount of entrepreneurial profit depends on factors0.80text
market conditionsinstance ofThe appropriate amount of entrepreneurial profit depends on factors0.80text
the wisdom of the developer's planinstance ofThe appropriate amount of entrepreneurial profit depends on factors0.80text
Comparablesrelated to Comp checksComp Check0.60section
Comparablesrelated to Comp checksAn0.60section
Comparablesrelated to Comp checksUniform Standards0.60section
Comparablesrelated to Comp checksProfessional Appraisal Practice0.60section
Comparablesrelated to Comp checksUSPAP0.60section
Comparablesrelated to Comp checksThere0.60section
Comparablesrelated to FactorsFive0.60section
Comparablesrelated to FactorsConditions0.60section

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    Min side: 3
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