Compare similar properties
Organize comps by location, size, bedrooms, bathrooms, condition, finishes, and sale date.
Comparable Properties
Compare similar properties to estimate value, margins, and deal potential. Use comps to make decisions more clearly.
The Comparable Properties feature helps you organize comps, evaluate price per square foot, estimate ARV, validate opportunities, and determine whether the purchase price supports your project strategy.
Ideal for flip projects, new construction, rental properties, brokers, wholesalers, builders, and investors who need to validate the true value of an opportunity.
Comparable Properties AnalyzerProperty under review
Active compsSingle Family — Malden, MA
Subject Property$420,000
Avg Comp Sold$648,000
Estimated ARV$655,000
Avg $/sqft$412
Comp 01 — 3 bed / 2 bathRecently sold, renovated condition
$642kComp 02 — Similar sqftSame neighborhood, complete renovation
$670kComp 03 — Superior finishesAbove-average sale price due to superior condition
$685kComp 04 — Smaller footprintAdjustment required for size and layout
$595kComps help validate ARV, maximum purchase price, project margins, and true upside potential.
Value validation
A property's ARV cannot be a guess. It must be supported by real market data.
Comparable properties help you understand what similar homes sold for, which price per square foot is reasonable, and what value the property may reach after renovation or construction.
Validate the ARV
Use recent sales to estimate after-repair value more confidently and avoid unrealistic projections.
Set maximum price
Use comps to determine how much you can pay for a property without compromising margins, ROI, or net profit.
More precision
Strong comps help protect you from overpaying and underselling.
One of the most important parts of real estate analysis is understanding the property's realistic resale value. If the ARV is inaccurate, the entire ROI, net profit, and margin calculation may be compromised.
With Comparable Properties, you can organize market references, compare similar properties, and connect the data directly with Deal Analysis, Rehab Cost, Property History, and reports.
Compare recent sales
Use recently sold properties to understand actual local market behavior.
Adjust by condition and size
Consider differences in finish, layout, sqft, bedrooms, bathrooms and location.
Estimate ARV more safely
Use comps to support post-renovation or post-construction value projection.
Connect with deal analysis
Use the validated ARV to calculate ROI, Net Profit, margin and maximum purchase price.
What to compare
Not every similar property is a reliable comparable.
A professional analysis requires comparing properties using clear, consistent criteria.
Location
Same neighborhood or nearby area, school district, access, and market context.
Type of property
Single-family, multifamily, condo, townhouse, or land.
Size
Living area, lot size, and number of bedrooms and bathrooms.
Condition
Original, renovated, partially renovated or new.
Sale date
Recent sales usually reflect current market conditions more accurately.
Price per sqft
A useful indicator for comparing relative value across properties.
Finishes
Quality of renovation, materials, layout and visual attractiveness.
Value adjustments
Adjustments for differences in size, location, and property quality.
How it works
From comps to a validated ARV.
The platform helps you organize comparable sales and use those references to strengthen your investment analysis.
Select similar properties
Search for comparable properties by location, type, size, condition, sale date, and relevant features.
Compare price and features
Analyze sale price, price per square foot, finish quality, living area, bedrooms, bathrooms, and other relevant differences.
Validate the ARV and the deal
Use comps to estimate resale value and connect that number to ROI, net profit, rehab costs, and margins.
Who it's for
Built for professionals who need to validate value before buying, selling, or presenting an opportunity.
Investors
For investors who want to estimate ARV, maximum purchase price, margins, ROI, and true deal potential before committing capital.
Brokers and wholesalers
For presenting opportunities with stronger market context and comparable sales that support the property's value.
Builders and operators
For assessing whether a renovation or construction project can achieve a market value that supports the projected investment.
Get started
Use comps to estimate ARV, validate margins, and make better decisions.
Access Checkmate Property and connect Comparable Properties with Property Search, Property History, Deal Analysis, Rehab Cost, Mortgage & Equity, Tax Information, Cloud Storage and reporting.
Checkmate Property
$89 /mo
Includes Comparable Properties, Property Search, Property History, Deal Analysis, Rehab Cost Estimates, Cloud Storage and reports.
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Frequently asked questions about Comparable Properties.
What are Comparable Properties?
They are similar properties used as market references to estimate a property's value. They help validate ARV, price per square foot, resale potential, and project margins.
Why are comps important?
Because an inaccurate ARV can undermine the entire deal. Comps help determine whether the projected resale value is supported by actual market data.
Does it work for Flip House?
Yes. For a flip, comps are essential for estimating the after-repair resale value and setting the maximum purchase price.
Does it work for New Construction?
Yes. Comps show what new or renovated properties have sold for in the area, supporting construction feasibility analysis.
What should I compare between properties?
Compare location, size, bedrooms, bathrooms, condition, sale date, finishes, price per square foot, and other relevant property features.