What is the meaning of comparables?

comparables is an abbreviation for "comparable properties"; used for comparative purposes in the appraisal process. Comparables are properties like the property under consideration; they have reasonably the same size, location, and amenities and have recently been sold. Comparables help the appraiser determine the approximate fair market value of the subject property.

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APABarry Goldsmith. (2010). comparables. Retrieved September 20, 2026, from http://smartdefine.org/comparables/definitions/1150356
ChicagoBarry Goldsmith. 2010. "comparables" http://smartdefine.org/comparables/definitions/1150356 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, comparables, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/comparables/definitions/1150356>.
MLABarry Goldsmith. "comparables" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/comparables/definitions/1150356>