comparables, comparable sales Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: comparables, comparable sales

comparables, comparable sales

properties that are similar to the one being sold or appraised. See market approach .

Example: A subject property is a detached, 3-bedroom house that is 30 years old and will be bought with an FHA loan . Comparables would be recently sold houses with similar styling, age, location, and financing. Slight variations in characteristics may be taken into account when making the analysis.

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