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Definition Comparables - a shortened term used to establish the value of real estate.

Application in Divorce Appraisers compare recent comparable real estate sales in the same area that are of the same or similar age, function, size and condition. Differences are quantified in dollars added or subtracted from the subject property.

The comparable approach to establishing a current market value of an asset is the easiest and often the most realistic approach. Unfortunately not all assets have comparables that are adequate for this method of valuation.

Also called Comparable Real Estate Sales.

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