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!
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
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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
For further advice when evaluating a home, contact a local real estate professional.
School content provided by OnBoard, LLC. Copyright (c) 2008. OnBoard LLC. Information is deemed reliable but not guaranteed.
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