What is the adjusted sales price of the comparable property in the example?

• A. $135,000
• B. $133,000
• C. $142,000
• D. $130,000

Answer: (A)

Adjusted price of a comparable is the amount it would fetch if it were as similar as possible to the subject property. In practice, you start with the comp’s actual sale price and tweak it by adding or subtracting value for differences in features, condition, size, lot, location, and terms of sale. If the subject has more desirable features than the comparable, you add to the comp’s price; if the comparable has advantages the subject lacks, you subtract. The goal is to reflect what the comparable would be worth if it matched the subject.

In the example, the total adjustments for differences added up to $3,000, so the adjusted price becomes $135,000. That adjusted figure is used to compare with the subject’s value. The other option amounts would require different adjustment totals that don’t align with the described differences.