Comparative Market Analysis (CMA) - Repair Impact: A CMA is a realtor's assessment of property value…
Definition
A CMA is a realtor's assessment of property value based on comparable recent sales. The repair impact component shows how property condition affects market value relative to comparables.
Also known as: CMA adjustment, Repair value analysis, Pre-listing ROI
Common Questions
Real-World Example
A realtor runs a CMA showing that updated comparables sell for $25,000 more — recommending pre-listing repairs with CRM Services.
Why It Matters
Understanding CMA repair impact helps realtors make the business case for pre-listing work.
Related Terms
Pre-listing repairs are improvements made before putting a property on the market to maximize sale p...
Cosmetic updates are non-structural improvements to improve appearance — fresh paint, new flooring, ...
Deferred maintenance refers to repairs and upkeep that have been postponed over time. When maintenan...