Is the Asking Price Supported by Comparable Sales?

What is the first decision?

A useful comparable is similar in location, timing, size, layout, condition, and market exposure. Begin by identifying the subject home's features that can materially change a comparison, including lot, renovation level, view, and restrictions.

Example: two sales may be similar in size while only one has a renovated kitchen. Record that condition difference and reduce or exclude the weaker comparison rather than averaging prices. Parcel and sale records are a starting point; an appraisal, tax record, automated estimate, and negotiated contract answer different questions.

Which evidence can change the answer?

Ask how each comparison was selected and what adjustment is evidence-based rather than automatic. A spreadsheet can show arithmetic without proving that an adjustment fits the subject property.

How do you make the decision before the deadline?

Treat the analysis as a negotiation and budgeting tool, then preserve your own limit. An appraisal may use a different assignment and data set.

Before deciding about Is the Asking Price Supported by Comparable Sales?, what will you document?

Keep a comparison sheet that identifies why each sale is included or excluded and what evidence would change the analysis.