🏘️ The Role of Market Comparables (Comps) in Pricing

Market comparables (comps) are recently sold or listed properties similar to yours in size, type, and location.

How to Use Comps:

1. Look for 3–5 recent sales in the same vicinity.
   
   

2. Compare:

   • Square footage

   • Floor level

   • Frontage or visibility

   • Amenities (lift, parking, generator, etc.)

   
   

3. Adjust for differences (e.g., corner shop, higher footfall, etc.)

Sources for Comps:

• Markaz.pk’s property database

• Local agents’ deal histories

• Recent listings and their asking prices

Pro Tip: If you can’t find identical comps, use the most similar one and adjust based on a % value difference.