Jan 05 , 2016

Tampa School of Real Estate

Comparable Property

Definition: A recently sold property similar to one being evaluated.  Also called a comparable or comp.

Pronunciation: \ˈkäm-p(ə-)rə-bəl \  \ˈprä-pər-tē\

Used in a Sentence:   The sales agent looked for a comparable property in the neighborhood.

C