Adjusted Sale Price

Concept of Adjusted Sale Price in the context of Real Property

A short definition of Adjusted Sale Price: An appraisal term used when a comparable property’s sale price is adjusted to reflect the value of the subject property. The adjustment is made based on the differences between the subject property and comparable property in time of sale, terms of sale, location, and physical characteristics.

Concept of Adjusted Sale Price in the context of Real Property

A short definition of Adjusted Sale Price: An appraisal term used when a comparable property’s sale price is adjusted to reflect the value of the subject property. The adjustment is made based on the differences between the subject property and comparable property in time of sale, terms of sale, location, and physical characteristics.