Adjusted Sales Price
Barron's Real Estate Dictionary:
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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.
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.
| Adjustable-Rate Mortgage (ARM), Adjudication | |
| Adjusted Tax Basis, Adjustment Index |
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Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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