HOME > INVESTORS / BUYERS > HOME BUYING ARTICLES > ARTICLE 5.5

COMPARABLE SALES AND YOUR OFFER PRICE

Other factors influencing your offer price

Gathering and analyzing information from comparable sales helps to establish the range of prices you should consider when making an offer to buy a home. More weight should be given to the most recent sales, but even so, you need to do a bit more analysis before setting upon the price you will offer. That is because you also need to consider the condition of the property, improvements, the current market, and the circumstances behind the seller’s decision to sell.