adjusted sales price
In an appraisal, the answer obtained when the sales price of a comparable property is adjusted for factors that make it different from the property being appraised.
Example: Property Ais being appraised, and property B is a similar property that sold recent- ly. Property B has some features that property A does not. The sale price of property B would probably be lower if it, too, lacked that feature, so a downward adjustment is made. Likewise, property B lacks some features present in property A. If property B had those features, it would have sold for a higher price, so an upward adjustment is made in property B's sale price.
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