A home valuation tool—like the one we offer—uses an Automated Valuation Model (AVM) to estimate your property’s value based on public data and comparable past sales. It’s a fast and useful way to get a general idea of your home’s market position.

However, AVMs can’t account for specific property details like condition, light, layout, or upgrades—and sales data may lag behind the current market by several months.

If you need a more precise pricing strategy, a Comparative Market Analysis (CMA) is the next step. Our CMA combines recent sales with active competition in your building or neighborhood to give a real-time picture of value. Unlike a lender’s appraisal—which is conducted by a licensed appraiser for mortgage purposes—a CMA reflects how your home might perform on the open market right now.

Our valuation tool uses dynamic, data-driven modeling to provide a quick estimate of your home's value. It analyzes recent sales of comparable properties in your area and layers in broader factors like inventory levels, interest rates, and buyer activity to give you a general sense of current market value.

But a digital estimate has limits. It can’t fully understand your home's unique condition, layout, upgrades, or building-specific factors—especially in a complex market like New York.

That’s where a Comparative Market Analysis (CMA) comes in. A CMA is prepared by a local real estate professional who evaluates not just recent sales but also active and pending listings, market sentiment, and the subtle features that drive real buyer behavior. If you're considering a sale or just want a deeper understanding of your property's true value, a CMA offers far more insight than an automated model can.

Online valuation tools offer a fast starting point, but they don’t tell the full story. These estimates can’t account for unique features like custom renovations, landmark status, architectural detail, or recent upgrades—all of which can dramatically impact value in the New York City market.

If you’re considering selling—or just want a more accurate, current picture of your property’s worth—it’s smart to request a Comparative Market Analysis (CMA). A CMA combines hard data with local expertise and live market context. Peter can provide a broker’s CMA that not only estimates value, but also evaluates your home’s positioning, desirability, and pricing strategy. It’s the most reliable way to set the right asking price when timing and accuracy matter most.

A Comparative Market Analysis (CMA) is one of the most effective tools for setting an informed and strategic asking price. Peter Comitini evaluates recent sales of similar homes—factoring in size, condition, location, and features—to create a data-driven estimate that reflects real-time market value.

The process includes adjustments for things like square footage, renovations, views, and finishes—elements that automated models often miss. With Peter’s experience and pricing insight, the CMA doesn’t just suggest a number—it helps shape a strategy that positions your home to attract qualified buyers and maximize your final sale price.

No—while both estimate value, a real estate appraisal and a Comparative Market Analysis (CMA) serve different purposes and audiences.

An appraisal is conducted by a licensed appraiser and is required by lenders for mortgages or refinancing. It’s designed to protect the bank, not the seller. Appraisers conduct an on-site inspection, review the home’s features and condition, and compare recent closed sales. Their reports include floor plans, property photos, and city-permitted modifications. Because they rely on closed data, appraisals often trail current market trends by several months.

A CMA, on the other hand, is prepared by a real estate professional like Peter Comitini. It’s built to guide pricing strategy when bringing a home to market. While it uses a similar comparative approach, the CMA is focused on maximizing value for the seller—factoring in not just past sales, but also active competition, buyer behavior, and market momentum. If your goal is to price smart and sell effectively, a CMA is the more relevant tool.