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Comps Analysis

02 Understanding Comps Score

The comps score is the AI's assessment of how similar a comparable property is to your subject property. Higher scores indicate more reliable comparisons. Lower scores mean the comp has significant differences and should be used with caution.

3 min read

How the Score Is Calculated

The AI evaluates each potential comparable across multiple dimensions:

  • Location proximity — Properties closer to the subject score higher. A comp on the same block is weighted more heavily than one two miles away.
  • Property type match — Same type (single family, condo, multi-family) scores higher. Different types reduce the score.
  • Size similarity — Square footage and lot size within 20% of the subject score higher.
  • Bed/bath match — Similar bedroom and bathroom counts improve the score.
  • Sale recency — More recent sales score higher. Sales within the last 3 months are weighted most heavily.
  • Condition and features — Similar age, condition, and notable features (pool, garage, lot features) contribute to the score.

Score Ranges and What They Mean

Range Label What It Means
80-100 Strong comp Very similar property, recent sale, close location. Use as a primary comparable with high confidence.
60-79 Good comp Minor differences in size, age, or distance. Still a reliable comparable for your analysis.
40-59 Fair comp Notable differences that may require value adjustments. Use as a secondary reference.
Below 40 Weak comp Significant differences. Consider excluding unless you have a specific reason to include it.

Score Distribution

Look at the spread of scores across all comps, not just the highest one.

  • Tight cluster (most scores within 10-15 points of each other) — High confidence in the comparable set. The market data is consistent.
  • Wide spread (scores from 30 to 90) — Mixed inventory. Some comps are very relevant and others are not. Focus on the high-scoring group.
  • All scores low (everything below 50) — The subject property may be unusual, or the area has very few recent sales. Manual analysis may be needed.

Confidence Level

The overall confidence indicator considers:

  • Number of comps found — More comps generally mean higher confidence.
  • Score distribution — Tight clustering indicates stronger market consensus.
  • Data freshness — Comp data is updated regularly. Check the data age timestamp on each result.

A high-confidence result shows 6+ comps, most scoring above 70, with a narrow distribution.

When to Use Low-Scoring Comps

A low-scoring comp can still be useful if:

  • Limited inventory in the area — any sale data is better than none.
  • The low score is due to one factor (different property type) but location is ideal.
  • You need to show a broader market trend rather than direct comparables.

Flag these as secondary comps and adjust their value manually in your analysis.

Next steps: - How to Run Comps on ReiSearch - Adjusting Comps Filters - Saving and Exporting Comps - What Is Underwriting?