Comparative Market Analysis
Categories: Company Valuation, Investing, Managed Funds, IPO, Banking
A CMA is a way of evaluating a house’s value by using similar sized houses with similar amenities in similar neighborhoods that were recently on the market.
What’s the going rate for a three-bedroom, two-bath bungalow? If you’re a buyer, a CMA helps you gauge if the price of the house you’re looking at is high, just right, or low. If you're a seller, it helps you price your house for a quick but lucrative sale.
A CMA helped the three bears immensely.