When selling your Boston home, it's good practice to be aware of what similar homes in your neighborhood have recently sold for. Recent comparable sales are not only what a good Boston real estate agent should use for guidance when pricing your home, but also what a bank appraiser will use if and when your buyer applies for a mortgage to buy your home.
(Keep in mind though, that very rarely will you find a perfect "comp" for your home. Unless the home next door to you sold yesterday and it was exactly the same house, there is no perfect comparable for your home. A good Boston real estate agent should be able to come up with a list of five to ten comparable properties that sold within six months of the date of analysis. Your agent should then be able to make adjustments for location, size, condition, and other variables to come up with an appropriate suggested asking price for you home.)
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