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Comparable Sales Worksheet

What did similar homes actually sell for?

The agent's price guide, the CV and the online estimate each have a job, and none of them is telling you what this house is worth. Recent sales of similar homes nearby are the best evidence you have. Add 5–10 of them, mark each one better or worse than the house you're looking at, and this worksheet shows the price range those sales support.

The agent's price guideComes from the seller's side. It's there to bring buyers in.
The CVA rating figure for sharing out the rates, set in bulk and often behind the market.
The online estimateAn algorithm that can't see inside the house.
1

The house you're looking at

The basics are enough. These are used to flag how each sale differs from this house.

2

Recent sales nearby

Same suburb, same type of home, ideally sold in the last six months. Then decide: is each one better, about the same, or worse than the house you're looking at? The grey hints are only a starting point. You've seen the houses, so you make the call.

Where do I find recent sales?
  • Ask ChatGPT to find them. Fill in step 1 first, then copy the prompt below into ChatGPT (with web search switched on). Check every sale against the link it gives you before you use it. AI tools can get prices wrong. 
    
        
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  • Sold listings on property websites. Search the suburb, switch the filter from "for sale" to "sold", and look at the last six months.
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  • Ask the agent for a comparative market appraisal (CMA). Agents keep recent sales for the area and will usually share them. Take the sales it lists and make your own call on value.
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  • Walk the street. Open homes nearby that have since sold are the best comparisons of all, because you've seen inside.
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Use sale prices, not asking prices. A house that's listed but not yet sold doesn't tell you what buyers paid.

    

    

    

      
      
      
    

  


  

    
3
What the sales say

    
A house should be worth more than the sales you marked worse and less than the ones you marked better. The range sits between those two.

    

    

      
    

  


  

    
Bring this to your free first call

    
A lawyer can't tell you what to offer. We can help you turn this range into an offer strategy, with conditions and a settlement date that suit the seller as well as you.

    Book a free strategy call
    
Or call 09 918 9404  ·  angus@housemelegal.co.nz