Understanding Duplex Valuation: Factors Influencing Market Prices in 2025
Another important factor in determining the value of a duplex is the sale price of comparable properties in the area. Real estate agents often use this method, known as comparative market analysis (CMA), to assess value. Buyers should research recent sales of similar duplexes to gauge a fair price. For example, if a Saint Leonard duplex for sale recently sold for a certain amount, that price can provide a benchmark for buyers and sellers in the area.
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