In a CMA, adjustments are made to the comparable's price to reflect what the subject property would sell for if it were identical.

• A. The subject property's tax assessment.
• B. The price the comparable would sell for if identical to the subject.
• C. The current mortgage interest rate.
• D. The neighborhood crime rate.

Answer: (B)

In a CMA, you adjust the price of each comparable so it represents what the subject property would sell for if it had the same features as the subject. This means taking a comp’s sold price and adding or subtracting value for differences in characteristics like size, bedrooms, bathrooms, condition, age, renovations, and sometimes location. The goal is to translate the comp’s price into a figure that the subject would command if it were identical to that comp.

So the best answer is the price the comparable would sell for if identical to the subject. Tax assessments aren’t used to adjust sale prices, mortgage rates relate to financing rather than property value, and while crime rate can influence desirability, the adjustment process centers on converting the comp’s price to reflect the subject’s identical features.