According to the sales comparison approach, adjustments should be made to which property?

In the sales comparison approach, the focus is on comparing similar properties that have recently sold to estimate the value of the property being appraised, often referred to as the subject property. To achieve a proper comparison, adjustments are made to the comparable properties based on their differences from the subject property.

Making adjustments to the subject property itself does not align with the methodology of the sales comparison approach, as the goal is to derive an estimated market value for the subject property by honing in on the comparable sales. Therefore, the appropriate action is to make adjustments to the comparable properties so that they reflect an equivalent scenario to the subject property, accounting for variations in features, condition, location, and other factors.

This understanding reinforces the idea that adjustments must accurately reflect differences between the subject property and the comparables in order to arrive at a credible value indication for the subject property. The other options do not align with the standard practices of appraisal in the sales comparison approach.