A Comparative Market Analysis is a free report I generate that compares your home to similar properties in your neighborhood that are currently for sale, under contract, and have recently sold in the last 6 months. Please take into consideration that certain aspects of your home may affect its value and marketability such as the recent upgrades you’ve made, the location, and overall condition. I will have to see the home and make my assessment to fully generate what I believe is the homes value.
A CMA is what Realtors and Licensed Appraisers use to figure out the actual value of a home is.