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| ADJUSTED SALES PRICE |
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Related Terminology: MARKET VALUE
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| in appraisal, the indicated price of a comparable property after adjustments have been made to account for differences between comparable and subject properties. |
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| 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. |
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