Free Comparative Market Analysis (CMA) in Grand Rapids
Thinking about selling, refinancing or just curious about what your home is worth? A comparative market analysis, or CMA, is a detailed report prepared by a local agent that compares your home to similar homes that recently sold, are under contract or are currently for sale nearby. The Smallegan Real Estate team prepares free CMAs for homeowners across Grand Rapids and West Michigan.
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CMA Versus an Online Estimate
Online estimates use algorithms and public records. They can be a useful starting point, and you can get one instantly with our home valuation tool. But they cannot see your updated kitchen, the new roof, a finished basement or the busy road behind the house. A CMA adds the judgment of an agent who knows the neighborhood and walks through the details with you.
What Your CMA Includes
- Recently sold homes similar in size, age, style and location
- Active and pending listings you would compete with
- Adjustments for condition, updates, lot and features
- A suggested price range and pricing strategy
- Notes on current local market conditions
CMA Versus an Appraisal
An appraisal is completed by a licensed appraiser, usually ordered by a lender during a purchase or refinance. A CMA is prepared by a real estate agent to help you price and plan. Both look at comparable sales, but a CMA is free and focused on helping you make decisions.
How It Works
Tell us about your home through the button below. We may ask a few questions or schedule a quick walkthrough, either in person or by video. Then we prepare your report and go over it with you, with no pressure to list. If you do decide to sell, see our seller marketing plan.
Areas We Cover
We prepare CMAs across the Grand Rapids metro and beyond, including Forest Hills, Rockford, Cedar Springs, Holland, Grand Haven and Ionia. Considering a quick sale? See how to compare a cash offer against listing, or read our housing market overview.
Using Your CMA to Plan Your Next Move
A good CMA is more than a number. It helps you decide when to sell, whether any updates are worth the cost and how much you may have for your next down payment. If you are buying and selling at the same time, we use it to build a timeline so you are not stuck with two mortgages or forced into a rushed decision. Many homeowners request a CMA a year or more before they plan to move, then update it closer to listing so they can watch how their neighborhood is trending. Whatever your timeline, the report is yours to keep and use as you plan.
Planning a move? Start with our home buyer resources, see how we market homes on our sellers page, or get a quick number with a free home valuation.
Frequently Asked Questions
Is the CMA really free?
Yes. There is no cost and no obligation to list.
How long does a CMA take?
Usually a short turnaround after we gather details about your home. Timing depends on the property and whether we do a walkthrough.
Do you need to see my home?
It helps. A walkthrough lets us account for updates and condition, but we can start with photos and a conversation.
Will a CMA tell me the exact sale price?
No one can guarantee a sale price, but a CMA gives a realistic price range based on real local data.