Comparable Sales
Market analysis tools
Using market analysis to support — and document — your value conclusion.
Comparable sales tell you about individual transactions; market analysis tells you about the conditions around them. Both belong in a well-supported conclusion.
Look at the trend, not just the comps
Consider where the market has been heading over time — whether values have been rising, flat, or softening — because that context shapes how much weight a given sale deserves and how you reconcile them.
Document the basis
Tie your market conclusions back to the data you relied on. A conclusion a reader can trace to its evidence is one that holds up; an assertion without a basis is one that invites questions.