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Real Estate Glossary

Comparables

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Written by Luis Escobar

This refers to properties and their lease rates and terms that are similar in construction quality, age, size, and use. These properties are typically located within the same sub-market and are therefore used as comparison properties in order to ascertain fair market lease rate for another property that has the same characteristics.

This refers to properties and their lease rates and terms that are similar in construction quality, age, size, and use. These properties are typically located within the same sub-market and are therefore used as comparison properties in order to ascertain fair market lease rate for another property that has the same characteristics.

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Luis Escobar

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