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comp

comp

10 7.8
A similar property used to find a home's value
  • noun
  • /kɑmp/
  • Jargon
translation icon : inmueble comparable
  • The Cardinal's best comp for Oregon this year was Arizona.
  • comp sales

So what do the comps look like for this?

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Examples

  • That's not a good comp because San Diego never beat us.

  • I checked the comps, honey.

  • So what do the comps look like for this?

  • So there is a way to do an analysis based off of comps in the area.

  • We have to do our homework -- tax rolls, comps -- get a pretty quick picture of who's vulnerable.

  • Here's an action shot of me reviewing the comps with the director, Martha, and the producer, Denise.

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  • When pricing a house, it is important to check the comps to find similar properties in the neighborhood.

  • In real estate, agents often use comps to help determine a fair market price for a home.

  • The report analyzed recent comps to show how much similar homes had sold for in the area.

Synonyms

comparable
vscomp
  • Jargon
1 5.1

An item that helps decide the value of a property

is an informal term used in pricing and real estate contexts

How Similar

match
  • Specialized
272 4.2
comp
  • Jargon
10 7.8
similarity
157 2.7
nonfungible
  • Jargon
9.3

Surface Forms

comp singular
comps plural

Etymology

Comp comes from shortening comparable or comparison, words that mean a similar thing. That's why in real estate a comp is a similar home used to help set a price.