Work out comparable sales valuation instantly with clear inputs, formula shown and shareable results.
The sales comparison approach values a property from the rates achieved by similar recent transactions. Averaging three comparables gives the central estimate, while the lowest and highest rates bracket a defensible range. A wide spread signals that the comparables are not truly comparable and need adjustment.
Comparable value
Value = average comparable rate per ft² x subject area
Range
Low and high values use the lowest and highest comparable rates
Value = average comparable rate per ft² x subject area. The sales comparison approach values a property from the rates achieved by similar recent transactions.
Location, size, age and condition, floor level, view, and time since sale. Each is applied as a percentage to bring the comparable to the subject's characteristics before averaging.
This calculator takes 4 inputs: Comparable 1 rate, Comparable 2 rate, Comparable 3 rate, Subject property area. The pre-filled defaults are a realistic worked example — replace them with your own site or project figures.