The method of estimating the value of a property based on an analysis of sales of similar properties. The sales comparison approach may be used to value improved properties, vacant land, or land being considered as though vacant; it is the most common and preferred method of land valuation when comparable sales data are available.
See Market Comparison Approach.
The process of estimating the value of property through examination and comparison of actual sales of comparable properties; also called the direct market comparison or market data approach.
Keywords:  cma, see
see CMA