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comparables - An abbreviation for "comparable properties"; used to help figure out how much your house is worth.. Comparables are properties like the property under consideration; they have reasonably the same size, location, and amenities and have recently been sold. Comparables help determine the approximate fair market value of the property.
Also check out Mr. Thifty's Guide to Shopping for a Mortgage
About Mr. Thrifty: Mr. Thirfty's goal is to help others make the most out of their financial resources through education, suggestions and humor. If you like what you see, tell your friends about Mr. Thrifty!
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