It’s now easy for users to select their own comps, compare those comps to each other and to the subject property, and then make any necessary adjustments all in one place.
Our new comp map feature allows you to draw an area around the subject property that will display comps within the area rather than those that may be too far from the subject. To do so, simply click on the pencil icon displayed on the map. You will be able to select the corners that will envelope your drawn comp area. Allow a few minutes for the new comps to load into the map and list to the right.
Please note: The drawn comp area will show up to an additional 1,000 comps to choose from in the list on the right.
And there’s more! HouseCanary’s multiple linear regression model, which measures the effects of different (multiple) features on a property’s value, is also integrated into the new comp adjustment interface, so you can use our regression model “secret sauce” and apply it to your own adjustments. In other words, this tool shows you exactly how much that extra bedroom is worth, and also lets you tweak and scale the additional value yourself (because a closet-sized extra bedroom won’t be as big a value-add as an additional master suite).