Analyzing property values and refining your investment strategy with Invelo's Comparables tool
Invelo's Comparables tool within the List Builder is a powerful feature that allows you to analyze property values by comparing them with similar properties in the area. Whether you're assessing potential investments, estimating market value, or refining your strategy, using Comparables helps you make data-driven decisions with confidence. In this guide, we'll walk you through how to use the Comparables tool effectively to enhance your property evaluation process.
How to use Invelo's Comparables tool
- From your Invelo dashboard, go to List Builder.
- Enter your target location, preset, and filter conditions to gather your list. Alternatively, you may also enter the street address of the property you want to check.
- Once List Builder generates the results, click on a property address.
- From the map view of the property address, click on Details.
- Once the property details window pops up, click on the Comparables tab.
- You may refine the results by adding the following criteria:
- Distance (miles)
- MLS Status
- Last Sale Date
- Year Built
- Living SqFt
- Bedrooms
- Bathrooms
- Property Type
Note: The results are limited to 100 properties only.
- The right side of the page offers a comparative table with details such as property type, MLS status, date, total price, average price per square foot (PPFT), days on market, number of bedrooms and bathrooms, lot size, year built, and pool availability. You can scroll to the right to view additional property information. You may also click on a property address to check its details.
Using Comparables in Invelo’s List Builder is a powerful way to analyze property values and refine your investment strategy. By leveraging the detailed data provided—such as price per square foot, days on market, and property features—you can make informed decisions about which properties are worth pursuing. The Comparables tool helps you evaluate market trends and identify opportunities, ensuring that your investment approach is both data-driven and targeted. With this tool, you’ll be able to confidently navigate the market and fine-tune your strategies for success.