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This exquisite one bedroom penthouse condominium that encompasses the entire fifth floor offers two private terraces and keyed elevator entry. This home is sundrenched and features three exposures (South, West & North). The wall of windows in the living room invite you to relax on your private South... Read more at www.corcoran.com
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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Factors affecting home prices
Home price comparisons are relative to similar homes on Village Voice (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms).
Home buyers should note that property value estimates are affected by many factors and should only be used as a guide.
Factors affecting home values include things like:
the style and condition of the building
if there have been recent renovations or interior upgrades
whether the home has an established garden
whether the home has a garage or street parking
proximity to parks, cafés, and restaurants
whether the home has architectural interest
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