This method takes in to consideration recent transactions on the real estate market for properties with comparable factors to that of the subject property in terms of characteristics and location.

This method is also known as the “Comparable Prices Method”.

It is used to value property or property rights based on recent sales of similar or comparable property.

The analysis can be complemented by current offers advertised on the property market.
The method has a number of varying combinations according to the type of property.

Depending on the type of building, the unit measure retained for calculations can be the surface area (living space, useable floor space (in square metres) or the unit use (parking spot, room, bed, seat, hectare, etc...).

In a number of cases, the implementation of this method by comparison will prove difficult or impossible, especially when dealing with particularly unusual properties or those in a market where there have been no transactions. In this case, the surveyor must indicate the reasons for which the use of this method is inappropriate or inefficient and which alternative method has been retained. The comparison method can be a tricky approach for investment properties or building plots in urban areas.