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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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Factors affecting home prices
Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms).
Home buyers should note that property value estimates are affected by many factors and should only be used as a guide.
Factors affecting home values include things like:
the style and condition of the building
if there have been recent renovations or interior upgrades
whether the home has an established garden
whether the home has a garage or street parking
proximity to parks, cafés, and restaurants
whether the home has architectural interest
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This Single-Family Home located at 4101 Griffis Glen Drive #200316613, Raleigh NC 27610 is currently for sale and has been on the market for 6 days. 4101 Griffis Glen Dr #200316613 is in the 27610 ZIP code in Raleigh, NC. This property is listed by www.NewHomeGuide.com for $163,990. The average listing price for ZIP code 27610 is $193,527, which is higher than the list price for 4101 Griffis Glen Dr #200316613. The average list price for similar homes for sale found on Trulia is $173,917, which is higher than the list price of $163,990 for this property. 4101 Griffis Glen Dr #200316613 has 3 beds, 2 baths, and approximately 2,212 square feet.
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