Get Comparative Market Analysis - Real Estate Manitoba

Filling out the Comparative Market Analysis form is a crucial step in evaluating your property's market position. This guide will provide you with comprehensive, step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to fill out the form effectively.

1. Click ‘Get Form’ button to obtain the form and open it in your preferred editing application.
2. Begin by entering the subject property details, including the address and the names of the individuals for whom the analysis is prepared. Be sure to include your name and the date of preparation for reference.
3. In the section labeled 'Comparables for Sale Now,' list the properties currently on the market for comparison. Fill in the address, asking price, and any notable features or comments for each property, highlighting what makes them similar or appealing.
4. Proceed to the 'Comparables Sold in Past 12 Months' section. Here, document properties that have sold recently, entering their addresses, sale prices, and features. This information is essential to understand recent market trends and property values.
5. Next, complete the 'Comparables Expired in Past 12 Months' area. List properties that were listed but did not sell after 90 days or more, including addresses and comments that reflect any issues that may have impacted their sale.
6. In the 'Estimated Selling Costs' section, provide details regarding the brokerage fee, recommended maximum list price, mortgage payout penalty, and any expected legal costs. Fill in the estimated selling price and outstanding mortgage balance where necessary.
7. Calculate and record the anticipated net proceeds and any miscellaneous costs, summing them for a final total. Ensure all numbers are accurate, as they are vital for financial planning.
8. Finally, review the filled-out form for accuracy. Once satisfied with all entries, you can save your changes, download the document, or print it for sharing with relevant parties.

Start filling out your Comparative Market Analysis online today to gain a better understanding of your property's market value.