Many longtime homeowners created their Living Trust years ago when their children were younger, their financial situation looked different, or before retirement became a reality.But here’s
Is This Your Situation: What Is a CMA and Why Does It Matter?
Dated: September 22 2023
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Is This Your Situation: What Is a CMA and Why Does It Matter?
As your local real estate professionals, we offer no-cost, no-obligation CMAs to homeowners. What is a CMA? It stands for Comparative Market Analysis, a report that can help you determine your home’s value in today’s market compared with similar, local homes.
To prepare a true CMA, we first conduct a walk-through of the home, noting all features and the home’s general condition. We then do in-depth research on local stats to help arrive at a home value. Our research includes reviewing the past year’s local home sales that have closed, active listings in your area, pending sales that haven’t closed yet and expired or canceled listings. We generally do not factor in the prices of distressed sales such as short sales, foreclosures and auctions.
The key features we use to compare your home with other nearby homes are:
- property condition
- age of home
- lot size (if applicable)
- square footage of home
- upgrades, amenities and features of the home
- number of rooms (especially bedrooms and bathrooms)
- location
If you are thinking of moving, remodeling or seriously considering selling soon, we can provide a CMA for your home. Contact us and we’d be happy to discuss your home’s value—and what you could sell it for in today’s market. If you’d like, we can also provide a "net proceeds analysis" of your walk-away cash.
Give us a call at 818.389.4465 or email us at armine@arminegroup.com
Source: HomeActions
Arminé Ghevian
My goal is simple: a commitment to finding the dream home, purchase, or sale for my clients. With more than 25 years of experience in the real estate industry & the Los Angeles County market, my t....
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Based on information from California Regional Multiple Listing Service, Inc. as of September 23, 2026 6:51 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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