Dictionary of Real Estate Terms: adjusted sales price
adjusted sales price
in appraisal, the indicated price of a comparable property after adjustments have been made to account for differences between comparable and subject properties.
Example: The comparable property is identical to the subject property except that the comparable has an additional half bath. The sales price of $170,000 is adjusted by subtracting $6,000 for the extra bath. The adjusted sales price is $164,000.
